TOWNS · Convergence Trade
Sparse data (32% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
This spread does not cover its own costs
The spread is 5.00%, but entry and exit cost -0.03% 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 5.00% 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 | +$500.30 | +$450.30 | +$400.30 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$20.85 | +$20.85 | +$20.85 |
| Net potential | +$503.15 | +$453.15 | +$403.15 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 4.85%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 158 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.
Coinbase International(cex)- Mark Price
- $0.002031
- Exchange Ticker
- TOWNS-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- -1815.44%
- OI
- $56.38K
- 24h Vol
- $19.02K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Binance Futures(cex)- Mark Price
- $0.002133
- Exchange Ticker
- TOWNSUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $2.01M
- 24h Vol
- $4.12M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short93 long / 97 short samples · 2 days · auto-refresh every 30s