TAO · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.29% 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 0.04% 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 | +$4.36 | -$45.64 | -$95.64 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.89 | +$0.89 | +$0.89 |
| Net potential | -$24.74 | -$74.74 | -$124.74 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 68 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 · 283 samples
Bitget(cex)- Mark Price
- $206.5000
- Exchange Ticker
- TAOUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -17.53%
- OI
- $20.95M
- 24h Vol
- $9.86M
Crypto.com(cex)- Mark Price
- $206.5900
- Exchange Ticker
- TAOUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +60.68%
- OI
- $51.35K
- 24h Vol
- $12.57K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 283 short samples · 2 days · auto-refresh every 30s