SKHX · Convergence Trade
Current Spread (mark)
updated 1m ago+0.004%higher than 85% of spread values(window 1D)
long $905.1400 · short $905.1800(long 1m / short 22s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $904.6250· long +0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.12% 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 0.00% 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 | +$0.44 | -$49.56 | -$99.56 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.07 | −$0.07 | −$0.07 |
| Net potential | -$11.74 | -$61.74 | -$111.74 |
Breakeven move 0.1218%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — 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
Current
+0.004%
85 pct
Median
-0.033%
Average
-0.036%
P25 → P75
-0.062% … -0.006%
Range
-0.272% … +0.104%
Std dev
±0.049%
tf
LONG
MEXC(cex)
MEXC(cex)- Mark Price
- $905.1400
- Exchange Ticker
- SKHYNIXSTOCK_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +11.18%
- OI
- $63.46M
- 24h Vol
- $28.36M
SHORT
SoDEX(dex)
SoDEX(dex)- Mark Price
- $905.1800
- Exchange Ticker
- SKHX-USD
- Taker / Maker
- 0.04% / 0.012%
- Funding APR(1h)
- +5.48%
- OI
- $15.59K
- 24h Vol
- $5.07K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 1 day · auto-refresh every 30s