SP500 · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.20% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.08% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$7.77 | -$42.23 | -$92.23 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.36 | +$0.36 | +$0.36 |
| Net potential | -$12.17 | -$62.17 | -$112.17 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.07% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 15 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
WOOFi Pro(dex)- Mark Price
- $7,694.91
- Exchange Ticker
- PERP_SPX500_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- -23.84%
- OI
- $363.22K
- 24h Vol
- $53.28K
Toobit(cex)- Mark Price
- $7,700.89
- Exchange Ticker
- SPX500-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +7.67%
- OI
- $192.15K
- 24h Vol
- $70.10K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short278 long / 278 short samples · 2 days · auto-refresh every 30s