SAND · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.43% 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 | +$43.11 | -$6.89 | -$56.89 |
| Round-trip fees | −$30.00 | −$30.00 | −$30.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.51 | +$1.51 | +$1.51 |
| Net potential | +$14.62 | -$35.38 | -$85.38 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.18% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 33 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 · 277 samples
Bitget(cex)- Mark Price
- $0.05799
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -302.43%
- OI
- $2.92M
- 24h Vol
- $5.97M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Entropy(dex)- Mark Price
- $0.05824
- Exchange Ticker
- SAND
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- -170.51%
- OI
- $2.14M
- 24h Vol
- $4.45M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short194 long / 273 short samples · 2 days · auto-refresh every 30s