XRP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.61% 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 0.04% 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 | +$4.39 | -$45.61 | -$95.61 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$45.30 | −$45.30 | −$45.30 |
| Funding drag(est. 1h hold) | +$0.65 | +$0.65 | +$0.65 |
| Net potential | -$56.26 | -$106.26 | -$156.26 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 264 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
- $1.3953
- Exchange Ticker
- XRP-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $993.11K
- 24h Vol
- $126.35K
- Mark Price
- $1.3959
- Exchange Ticker
- XRP-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +57.26%
- OI
- $335.79K
- 24h Vol
- $396.86K
264 long / 264 short samples · 2 days · auto-refresh every 30s