SAND · Convergence Trade
Current Spread
updated 0s ago+0.084%higher than 57% of spread values(window 1D)
long $0.04779 · short $0.04783(long 2m / short 5m old)
market median $0.04781· long -0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.08% 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 | +$8.37 | -$41.63 | -$91.63 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$14.63 | -$64.63 | -$114.63 |
Breakeven move 0.2300%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 268 samples
Current
+0.084%
57 pct
Median
+0.063%
Average
+0.058%
P25 → P75
+0.000% … +0.126%
Range
-0.316% … +0.570%
Std dev
±0.119%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.04779
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $2.07M
- 24h Vol
- $1.72M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.04783
- Exchange Ticker
- SANDUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +10.95%
- OI
- $1.54M
- 24h Vol
- $17.20K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 174 short samples · 2 days · auto-refresh every 30s