SNDK · Convergence Trade
Sparse data (27% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
This spread does not cover its own costs
The spread is 0.19%, but entry and exit cost 0.35% 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 0.19% 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 | +$19.19 | -$30.81 | -$80.81 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(orderbook) | −$8.25 | −$8.25 | −$8.25 |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$15.93 | -$65.93 | -$115.93 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 52 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 · 263 samples
- Mark Price
- $1,396.47
- Exchange Ticker
- SNDK_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +0.00%
- OI
- $82.28M
- 24h Vol
- $117.54M
- Mark Price
- $1,399.15
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $46.69M
- 24h Vol
- $104.73M
78 long / 255 short samples · 2 days · auto-refresh every 30s