SUSHI · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.05% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$4.97 | -$45.03 | -$95.03 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.17 | −$0.17 | −$0.17 |
| Net potential | -$4.20 | -$54.20 | -$104.20 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 245 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.
Variational(dex)- Mark Price
- $0.1608
- Exchange Ticker
- SUSHI
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +5.18%
- OI
- $58.89K
- 24h Vol
- $34.46K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hyperliquid(dex)- Mark Price
- $0.1609
- Exchange Ticker
- SUSHI
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -9.27%
- OI
- $331.60K
- 24h Vol
- $65.97K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short193 long / 245 short samples · 2 days · auto-refresh every 30s