TSLA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.17% 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 0.07% 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 | +$6.71 | -$43.29 | -$93.29 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$6.76 | −$6.76 | −$6.76 |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$9.90 | -$59.90 | -$109.90 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 21 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 · 243 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.
Lighter(dex)- Mark Price
- $372.7900
- Exchange Ticker
- TSLA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -13.15%
- OI
- $984.35K
- 24h Vol
- $1.51M
grvt(dex)- Mark Price
- $373.0400
- Exchange Ticker
- TSLA_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $849.58K
- 24h Vol
- $2.90M
231 long / 232 short samples · 1 day · auto-refresh every 30s