SKHX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.27% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.09% 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 | +$8.54 | -$41.46 | -$91.46 |
| Round-trip fees | −$26.00 | −$26.00 | −$26.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.16 | +$1.16 | +$1.16 |
| Net potential | -$18.59 | -$68.59 | -$118.59 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 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.
![trade[XYZ]](/icons/exchanges/hl-xyz.svg){kind=icon}
trade[XYZ](dex)- Mark Price
- $889.4200
- Exchange Ticker
- xyz:SKHX
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- -138.04%
- OI
- $370.76M
- 24h Vol
- $70.40M
SoDEX(dex)- Mark Price
- $890.1800
- Exchange Ticker
- SKHX-USD
- Taker / Maker
- 0.04% / 0.012%
- Funding APR(1h)
- -36.74%
- OI
- $15.25K
- 24h Vol
- $5.39K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s