SPY · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.12% 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 0.10% 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 | +$9.78 | -$40.22 | -$90.22 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$2.01 | -$52.01 | -$102.01 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 33 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 · 280 samples
Variational(dex)- Mark Price
- $751.4425
- Exchange Ticker
- US500
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $21.74M
- 24h Vol
- $8.98M
Aster(dex)- Mark Price
- $752.1776
- Exchange Ticker
- SPYUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $952.57K
- 24h Vol
- $874.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short270 long / 271 short samples · 2 days · auto-refresh every 30s