US · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.30% 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 | +$30.48 | -$19.52 | -$69.52 |
| Round-trip fees | −$26.00 | −$26.00 | −$26.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.76 | −$0.76 | −$0.76 |
| Net potential | +$3.72 | -$46.28 | -$96.28 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.33%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 269 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.
Gate.io(cex)- Mark Price
- $0.02789
- Exchange Ticker
- US_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +97.74%
- OI
- $4.19M
- 24h Vol
- $5.80M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $0.02797
- Exchange Ticker
- USUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +30.78%
- OI
- $7.34M
- 24h Vol
- $22.17M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short223 long / 234 short samples · 2 days · auto-refresh every 30s