ZRO · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.55% 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 | +$2.14 | -$47.86 | -$97.86 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(orderbook) | −$46.07 | −$46.07 | −$46.07 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$52.94 | -$102.94 | -$152.94 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 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.
Hyperliquid(dex)- Mark Price
- $2.1958
- Exchange Ticker
- ZRO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $90.26M
- 24h Vol
- $39.36M
Lighter(dex)- Mark Price
- $2.1963
- Exchange Ticker
- ZRO-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $9.23M
- 24h Vol
- $1.26M
285 long / 281 short samples · 2 days · auto-refresh every 30s