SKHY · Convergence Trade
Current Spread (mark)
updated 40s ago+0.257%higher than 27% of spread values(window 1D)
long $132.4600 · short $132.8000
Entry Spread (order book)+0.257%on $10,000
long $132.5100 · short $132.8500(average execution prices, not mark)
market median $132.8100· long -0.3%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
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 | +$25.67 | -$24.33 | -$74.33 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(orderbook) | −$9.05 | −$9.05 | −$9.05 |
| Funding drag(est. 1h hold) | +$3.48 | +$3.48 | +$3.48 |
| Net potential | +$8.10 | -$41.90 | -$91.90 |
Breakeven move 0.1757%·Tradeability: 1.5× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.28%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.257%
27 pct
Median
+0.284%
Average
+0.273%
P25 → P75
+0.255% … +0.306%
Range
-0.453% … +0.492%
Std dev
±0.086%
Size per leg$= $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
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $132.4600
- Exchange Ticker
- SKHY-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -52.60%
- OI
- $1.45M
- 24h Vol
- $2.41M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $132.8000
- Exchange Ticker
- SKHYUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +252.47%
- OI
- $20.04M
- 24h Vol
- $6.49M
284 long / 283 short samples · 2 days · auto-refresh every 30s