SNDK · Convergence Trade
Current Spread (mark)
updated 12s ago+0.000%higher than 49% of spread values(window 1D)
long $865.9900 · short $865.9900
Entry Spread (order book)-0.007%on $10,000
long $865.9898 · short $865.9300(average execution prices, not mark)
market median $865.9300· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.25% 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 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$1.15 | −$1.15 | −$1.15 |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$25.02 | -$75.02 | -$125.02 |
Breakeven move 0.2502%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.000%
49 pct
Median
+0.002%
Average
+0.003%
P25 → P75
-0.025% … +0.032%
Range
-0.474% … +0.970%
Std dev
±0.109%
tf
LONG
BloFin(cex)
BloFin(cex)- Mark Price
- $865.9900
- Exchange Ticker
- SNDK-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $10.14M
- 24h Vol
- $5.14M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $865.9900
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $52.11M
- 24h Vol
- $91.36M
283 long / 280 short samples · 2 days · auto-refresh every 30s