SKHYNIX · Convergence Trade
Cannot execute — KuCoin has no liquidity for this pair
LONG leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
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 0.67% 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 | +$67.18 | +$17.18 | -$32.82 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.71 | +$0.71 | +$0.71 |
| Net potential | +$33.32 | -$16.68 | -$66.68 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 9 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 · 248 samples
KuCoin(cex)- Mark Price
- $973.4700
- Exchange Ticker
- SKHYNIXUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +0.00%
Toobit(cex)- Mark Price
- $980.0100
- Exchange Ticker
- SKHYNIX-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +62.37%
- OI
- $34.24M
- 24h Vol
- $93.52M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short211 long / 225 short samples · 2 days · auto-refresh every 30s