SWARMS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.01% 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 | +$1.17 | -$48.83 | -$98.83 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$26.81 | -$76.81 | -$126.81 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 259 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.
WEEX(cex)- Mark Price
- $0.008528
- Exchange Ticker
- SWARMSUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +42.48%
- OI
- $41.97M
- 24h Vol
- $3.37M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
LBank(cex)- Mark Price
- $0.008529
- Exchange Ticker
- SWARMSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +44.52%
- 24h Vol
- $1.04M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short229 long / 194 short samples · 2 days · auto-refresh every 30s