ZEN · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.16% 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 | +$16.00 | -$34.00 | -$84.00 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.39 | +$0.39 | +$0.39 |
| Net potential | +$4.39 | -$45.61 | -$95.61 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 40 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 · 267 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.
Variational(dex)- Mark Price
- $4.0026
- Exchange Ticker
- ZEN
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -28.04%
- OI
- $8.37K
- 24h Vol
- $6.97K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Hotcoin(cex)- Mark Price
- $4.0090
- Exchange Ticker
- ZENUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +5.89%
- OI
- $308.31K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short224 long / 217 short samples · 2 days · auto-refresh every 30s