TAO · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.63 | -$29.37 | -$79.37 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$10.80 | −$10.80 | −$10.80 |
| Funding drag(est. 1h hold) | +$0.29 | +$0.29 | +$0.29 |
| Net potential | -$3.88 | -$53.88 | -$103.88 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.19% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 350 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,929 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.
Extended(dex)- Mark Price
- $196.5345
- Exchange Ticker
- TAO-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +16.64%
- OI
- $615.39K
- 24h Vol
- $122.70K
Hyperliquid(dex)- Mark Price
- $196.9400
- Exchange Ticker
- TAO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +42.05%
- OI
- $32.88M
- 24h Vol
- $5.27M
1922 long / 1924 short samples · 8 days · auto-refresh every 30s