SKHYNIX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1h old+0.558%higher than 96% of spread values(window 1D)
long $974.5700 · short $980.0100(long 10s / short 1h old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $973.2600· long +0.1%· short +0.7%
Size per leg$= $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 0.56% 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 | +$55.82 | +$5.82 | -$44.18 |
| 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 | +$25.02 | -$24.98 | -$74.98 |
Breakeven move 0.3080%·Tradeability: 1.8× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 11 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
+0.558%
96 pct
Median
-0.024%
Average
-0.022%
P25 → P75
-0.115% … +0.089%
Range
-1.211% … +1.098%
Std dev
±0.285%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $974.5700
- Exchange Ticker
- SKHYNIXUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $317.33K
- 24h Vol
- $47.39M
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