XRP · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.22% 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 0.02% 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 | +$1.94 | -$48.06 | -$98.06 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$3.54 | −$3.54 | −$3.54 |
| Funding drag(est. 1h hold) | +$0.10 | +$0.10 | +$0.10 |
| Net potential | -$20.50 | -$70.50 | -$120.50 |
⏱ 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 · 284 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.
grvt(dex)- Mark Price
- $1.4006
- Exchange Ticker
- XRP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +2.41%
- OI
- $842.17K
- 24h Vol
- $29.29M
Hyperliquid(dex)- Mark Price
- $1.4009
- Exchange Ticker
- XRP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $140.18M
- 24h Vol
- $18.10M
284 long / 284 short samples · 2 days · auto-refresh every 30s