SKY · Convergence Trade
Current Spread
updated 0s ago+0.050%higher than 28% of spread values(window 1D)
long $0.05956 · short $0.05959(long 6m / short 6m old)
market median $0.05963· long -0.1%· short -0.1%
Profit Calculator
Three scenarios: the current spread 0.05% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$5.04 | -$44.96 | -$94.96 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$16.96 | -$66.96 | -$116.96 |
Breakeven move 0.2200%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 246 samples
Current
+0.050%
28 pct
Median
+0.168%
Average
+0.160%
P25 → P75
+0.034% … +0.271%
Range
-0.485% … +0.640%
Std dev
±0.176%
Size$
chart range
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LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.05956
- Exchange Ticker
- SKY_USDT
- Taker / Maker
- 5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $718.21K
- 24h Vol
- $18.58K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.05959
- Exchange Ticker
- SKYUSDTM
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $472.01K
- 24h Vol
- $19.08K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short188 long / 178 short samples · 2 days · auto-refresh every 30s