XPD · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.19% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.05% 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 | +$4.81 | -$45.19 | -$95.19 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.34 | +$2.34 | +$2.34 |
| Net potential | -$13.85 | -$63.85 | -$113.85 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 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
- $1,204.79
- Exchange Ticker
- XPD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -13.36%
- OI
- $16.76K
- 24h Vol
- $141.73K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $1,205.37
- Exchange Ticker
- XPD-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +191.38%
- OI
- $337.30K
- 24h Vol
- $742.05K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short247 long / 264 short samples · 2 days · auto-refresh every 30s