SAND · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.151%higher than 16% of spread values(window 1D)
long $0.06641 · short $0.06631(long 39s / short 2m old)
Entry Spread (order book)-0.156%on $10,000
long $0.06633 · short $0.06623(average execution prices, not mark)
market median $0.06653· long -0.2%· short -0.3%
⚠ Spread is inverted — Bybit is cheaper than MEXC. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.151%
16 pct
Median
-0.015%
Average
-0.011%
P25 → P75
-0.088% … +0.067%
Range
-0.936% … +0.973%
Std dev
±0.174%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
MEXC(cex)
- Mark Price
- $0.06641
- Exchange Ticker
- SAND_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- -147.38%
- OI
- $9.77M
- 24h Vol
- $9.03M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
- Mark Price
- $0.06631
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -150.83%
- OI
- $11.28M
- 24h Vol
- $20.38M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 256 short samples · 2 days · auto-refresh every 30s