SNDK · Convergence Trade
Current Spread (mark)
updated 18s ago+0.157%higher than 66% of spread values(window 1D)
long $865.8892 · short $867.2450
Entry Spread (order book)-0.007%on $10,000
long $867.1974 · short $867.1405(average execution prices, not mark)
market median $866.5350· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.16%, but entry and exit cost 0.39% 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 0.16% 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 | +$15.66 | -$34.34 | -$84.34 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$25.30 | −$25.30 | −$25.30 |
| Funding drag(est. 1h hold) | +$0.94 | +$0.94 | +$0.94 |
| Net potential | -$23.70 | -$73.70 | -$123.70 |
Breakeven move 0.3936%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 49 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 · 283 samples
Current
+0.157%
66 pct
Median
+0.125%
Average
+0.115%
P25 → P75
+0.066% … +0.179%
Range
-1.029% … +1.124%
Std dev
±0.192%
tf
LONG
Aftermath(dex)
Aftermath(dex)- Mark Price
- $865.8892
- Exchange Ticker
- SNDK
- Taker / Maker
- 0.045% / -0.005%
- Funding APR(1h)
- -5.16%
- OI
- $2.93K
- 24h Vol
- $144.20K
SHORT
RiseX(dex)
RiseX(dex)- Mark Price
- $867.2450
- Exchange Ticker
- SNDK-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +77.19%
- OI
- $179.15K
- 24h Vol
- $678.84K
283 long / 283 short samples · 2 days · auto-refresh every 30s