SKHY · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.008%higher than 53% of spread values(window 1D)
long $130.4000 · short $130.4100(long 1m / short 2m old)
Entry Spread (order book)-0.074%on $10,000
long $130.4500 · short $130.3530(average execution prices, not mark)
market median $130.4050· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.24% 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 0.01% 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 | +$0.77 | -$49.23 | -$99.23 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.25 | +$0.25 | +$0.25 |
| Net potential | -$23.51 | -$73.51 | -$123.51 |
Breakeven move 0.2428%·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 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.008%
53 pct
Median
+0.008%
Average
+0.008%
P25 → P75
-0.015% … +0.044%
Range
-0.508% … +0.458%
Std dev
±0.086%
tf
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $130.4000
- Exchange Ticker
- SKHY-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -21.91%
- OI
- $8.82M
- 24h Vol
- $23.34M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $130.4100
- Exchange Ticker
- SKHY-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $24.14M
- 24h Vol
- $33.29M
283 long / 284 short samples · 2 days · auto-refresh every 30s