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 0.26% 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 | +$26.20 | -$23.80 | -$73.80 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$3.52 | +$3.52 | +$3.52 |
| Net potential | +$10.72 | -$39.28 | -$89.28 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.20% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 38 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 · 281 samples
Live spread — order book
on size $10,000Rebuilt 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.
Aster(dex)- Mark Price
- $0.06312
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -686.59%
- OI
- $157.83K
- 24h Vol
- $2.39M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bybit(cex)- Mark Price
- $0.06329
- Exchange Ticker
- SANDUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(1h)
- -378.21%
- OI
- $12.12M
- 24h Vol
- $163.94M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 255 short samples · 2 days · auto-refresh every 30s