USUAL · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.12% 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 | +$11.91 | -$38.09 | -$88.09 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$7.97 | -$57.97 | -$107.97 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 184 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.
dYdX(dex)- Mark Price
- $0.008966
- Exchange Ticker
- USUAL-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $1.74K
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Binance Futures(cex)- Mark Price
- $0.008976
- Exchange Ticker
- USUALUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $1.48M
- 24h Vol
- $713.85K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short149 long / 97 short samples · 2 days · auto-refresh every 30s