SNDK · Convergence Trade
Current Spread (mark)
updated 51s ago+0.037%higher than 67% of spread values(window 1D)
long $864.4594 · short $864.7830
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $865.4450· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.41% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.04% 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 | +$3.74 | -$46.26 | -$96.26 |
| Round-trip fees | −$16.60 | −$16.60 | −$16.60 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.74 | +$0.74 | +$0.74 |
| Net potential | -$37.04 | -$87.04 | -$137.04 |
Breakeven move 0.4078%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.037%
67 pct
Median
+0.003%
Average
-0.006%
P25 → P75
-0.035% … +0.053%
Range
-1.296% … +0.841%
Std dev
±0.214%
tf
LONG
Aftermath(dex)
Aftermath(dex)- Mark Price
- $864.4594
- Exchange Ticker
- SNDK
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- -4.69%
- OI
- $2.85K
- 24h Vol
- $139.98K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
edgeX V2(dex)
edgeX V2(dex)- Mark Price
- $864.7830
- Exchange Ticker
- SNDKUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +60.16%
- OI
- $442.95K
- 24h Vol
- $181.75K
285 long / 285 short samples · 2 days · auto-refresh every 30s