TAO · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.17% 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 0.14% 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 | +$13.91 | -$36.09 | -$86.09 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.53 | +$0.53 | +$0.53 |
| Net potential | -$3.56 | -$53.56 | -$103.56 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 73 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.
grvt(dex)- Mark Price
- $320.5739
- Exchange Ticker
- TAO_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $531.99K
- 24h Vol
- $728.34K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Coinbase International(cex)- Mark Price
- $321.0200
- Exchange Ticker
- TAO-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +56.98%
- OI
- $593.57K
- 24h Vol
- $2.10M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short281 long / 280 short samples · 1 day · auto-refresh every 30s