TSLA · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.27% 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 0.03% 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 | +$3.24 | -$46.76 | -$96.76 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$7.07 | −$7.07 | −$7.07 |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | -$23.87 | -$73.87 | -$123.87 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 233 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.
- Mark Price
- $372.9000
- Exchange Ticker
- TSLA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $1.52M
- 24h Vol
- $2.33M
- Mark Price
- $373.0208
- Exchange Ticker
- TSLA-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $688.33K
- 24h Vol
- $25.41K
233 long / 233 short samples · 1 day · auto-refresh every 30s