TAO · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.20%, but entry and exit cost 0.73% 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 0.20% 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 | +$20.28 | -$29.72 | -$79.72 |
| Round-trip fees | −$10.50 | −$10.50 | −$10.50 |
| Slippage(orderbook) | −$64.25 | −$64.25 | −$64.25 |
| Funding drag(est. 1h hold) | +$1.69 | +$1.69 | +$1.69 |
| Net potential | -$52.78 | -$102.78 | -$152.78 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.22%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 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.
- Mark Price
- $305.6900
- Exchange Ticker
- PERP_TAO_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- -13.20%
- OI
- $53.34K
- 24h Vol
- $84.31K
- Mark Price
- $306.3100
- Exchange Ticker
- TAO-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +135.25%
- OI
- $362.25K
- 24h Vol
- $304.83K
284 long / 284 short samples · 2 days · auto-refresh every 30s