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 5.32%, but entry and exit cost -0.01% 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 5.32% 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 | +$531.81 | +$481.81 | +$431.81 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$20.92 | +$20.92 | +$20.92 |
| Net potential | +$532.73 | +$482.73 | +$432.73 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 5.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 7 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 · 134 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
- $0.002012
- Exchange Ticker
- TOWNS-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- -1817.19%
- OI
- $55.86K
- 24h Vol
- $22.86K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BloFin(cex)- Mark Price
- $0.002119
- Exchange Ticker
- TOWNS-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +15.47%
- OI
- $143.54K
- 24h Vol
- $1.63K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short93 long / 93 short samples · 2 days · auto-refresh every 30s