SKHY · 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 0.11% 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 | +$10.54 | -$39.46 | -$89.46 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$1.90 | −$1.90 | −$1.90 |
| Net potential | +$1.64 | -$48.36 | -$98.36 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 62 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 · 285 samples
Variational(dex)- Mark Price
- $127.1660
- Exchange Ticker
- SKHY
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $1.26M
- 24h Vol
- $870.28K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Ondo(dex)- Mark Price
- $127.3000
- Exchange Ticker
- SKHY-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- -166.29%
- OI
- $505.00K
- 24h Vol
- $174.99K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s