THETA · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.33% 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 | +$32.88 | -$17.12 | -$67.12 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.44 | +$0.44 | +$0.44 |
| Net potential | +$23.32 | -$26.68 | -$76.68 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.18% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 181 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 · 1,871 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.
Variational(dex)- Mark Price
- $0.1368
- Exchange Ticker
- THETA
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -27.81%
- OI
- $37.31K
- 24h Vol
- $48.69K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Gate.io(cex)- Mark Price
- $0.1373
- Exchange Ticker
- THETA_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $119.47K
- 24h Vol
- $11.92K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1611 long / 1563 short samples · 8 days · auto-refresh every 30s