On Feb. 15, 2050, a March futures contract on Mexican pesos (MXP) was available for $0.100 per unit, while forward contracts were available for the same settlement date at a price of $0.102. Having observed the gap between the futures price and the forward price, an institutional trader bought 5,000,000 units of the MXP futures and sold MXP 5,000,000 forward at the respective rates provided. If the spot price and the futures price, respectively, were $0.111 and $0.112 on the March settlement date, what would be the traders profit or loss from this strategy?