XRP · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.02% 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 | +$2.00 | -$48.00 | -$98.00 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(orderbook) | −$3.14 | −$3.14 | −$3.14 |
| Funding drag(est. 1h hold) | +$0.33 | +$0.33 | +$0.33 |
| Net potential | -$23.81 | -$73.81 | -$123.81 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.01% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 57 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 · 281 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.
Bybit(cex)- Mark Price
- $0.9988
- Exchange Ticker
- XRPUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -13.14%
- OI
- $240.63M
- 24h Vol
- $116.75M
Bitunix(cex)- Mark Price
- $0.9990
- Exchange Ticker
- XRPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +16.16%
- 24h Vol
- $36.33M
272 long / 281 short samples · 2 days · auto-refresh every 30s