TAO · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.08% 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 | +$8.16 | -$41.84 | -$91.84 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.40 | +$0.40 | +$0.40 |
| Net potential | -$61.72 | -$111.72 | -$161.72 |
⏱ 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 40 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 · 278 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.
WOOFi Pro(dex)- Mark Price
- $196.2500
- Exchange Ticker
- PERP_TAO_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- -5.15%
- OI
- $16.20K
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
dYdX(dex)- Mark Price
- $196.4101
- Exchange Ticker
- TAO-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +30.04%
- OI
- $74.45K
- 24h Vol
- $5.07K
275 long / 275 short samples · 2 days · auto-refresh every 30s