TWLO · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.11% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$10.65 | -$39.35 | -$89.35 |
| Round-trip fees | −$26.00 | −$26.00 | −$26.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | -$15.16 | -$65.16 | -$115.16 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.22%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 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.
WEEX(cex)- Mark Price
- $197.1300
- Exchange Ticker
- TWLOUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -5.32%
- OI
- $67.02
- 24h Vol
- $89.59K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Gate.io(cex)- Mark Price
- $197.3400
- Exchange Ticker
- TWLO_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $17.14K
- 24h Vol
- $31.97K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short276 long / 226 short samples · 2 days · auto-refresh every 30s