TRX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.23% 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 0.05% 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 | +$4.55 | -$45.45 | -$95.45 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.08 | +$0.08 | +$0.08 |
| Net potential | -$18.37 | -$68.37 | -$118.37 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 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 · 283 samples
Bybit(cex)- Mark Price
- $0.3299
- Exchange Ticker
- TRXUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -16.28%
- OI
- $50.58M
- 24h Vol
- $5.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitunix(cex)- Mark Price
- $0.3301
- Exchange Ticker
- TRXUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -9.67%
- 24h Vol
- $1.35M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 266 short samples · 2 days · auto-refresh every 30s