TZA · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.06% 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 | +$6.26 | -$43.74 | -$93.74 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$21.61 | -$71.61 | -$121.61 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 196 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
- $36.7600
- Exchange Ticker
- TZAUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -11.22%
- OI
- $0.00
- 24h Vol
- $702.19K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $36.7830
- Exchange Ticker
- TZAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $130.25K
- 24h Vol
- $84.86K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short185 long / 79 short samples · 2 days · auto-refresh every 30s