SKHYNIX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1h old+0.698%higher than 97% of spread values(window 1D)
long $973.2220 · short $980.0100(long 19s / short 1h old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $973.0950· long +0.0%· short +0.7%
Size per leg$= $20,000 total
every figure below scales from thisProfit 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 0.70% 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 | +$69.75 | +$19.75 | -$30.25 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.07 | +$1.07 | +$1.07 |
| Net potential | +$55.94 | +$5.94 | -$44.06 |
Breakeven move 0.1381%·Tradeability: 5.1× round-trip cost · acceptable margin
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~6min–~30min)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 12 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 · 284 samples
Current
+0.698%
97 pct
Median
+0.077%
Average
+0.060%
P25 → P75
-0.020% … +0.145%
Range
-1.221% … +1.019%
Std dev
±0.297%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $973.2220
- Exchange Ticker
- SKHYNIXUSD-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -31.56%
- OI
- $3.99M
- 24h Vol
- $12.25M
SHORT
Toobit(cex)
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 Short284 long / 226 short samples · 2 days · auto-refresh every 30s