SAND · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 12m old-0.086%higher than 28% of spread values(window 1D)
long $0.05787 · short $0.05782(long 1m / short 12m old)
Entry Spread (order book)-0.127%on $10,000
long $0.05783 · short $0.05776(average execution prices, not mark)
market median $0.05789· long -0.0%· short -0.1%
⚠ Spread is inverted — Gate.io is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 232 samples
Current
-0.086%
28 pct
Median
+0.043%
Average
+0.025%
P25 → P75
-0.108% … +0.141%
Range
-1.154% … +1.137%
Std dev
±0.293%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.05787
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -87.85%
- OI
- $1.02M
- 24h Vol
- $3.07M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.05782
- Exchange Ticker
- SAND_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- -70.57%
- OI
- $812.44K
- 24h Vol
- $1.96M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short211 long / 78 short samples · 2 days · auto-refresh every 30s