SNDK · Convergence Trade
Profit 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 0.13% 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 | +$12.62 | -$37.38 | -$87.38 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$5.40 | +$5.40 | +$5.40 |
| Net potential | +$2.02 | -$47.98 | -$97.98 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 67 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
- Mark Price
- $1,329.09
- Exchange Ticker
- SNDKUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $17.21M
- 24h Vol
- $71.68M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $1,330.77
- Exchange Ticker
- SNDK-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +472.85%
- OI
- $28.34K
- 24h Vol
- $75.75K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short273 long / 283 short samples · 2 days · auto-refresh every 30s