VIRTUAL · 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 0.21% 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 | +$20.51 | -$29.49 | -$79.49 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.41 | +$0.41 | +$0.41 |
| Net potential | +$10.92 | -$39.08 | -$89.08 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.14% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 69 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
- Mark Price
- $0.6582
- Exchange Ticker
- VIRTUAL
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -24.94%
- OI
- $435.05K
- 24h Vol
- $32.08K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.6595
- Exchange Ticker
- VIRTUAL-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $5.66M
- 24h Vol
- $7.22M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 257 short samples · 2 days · auto-refresh every 30s