SNDK · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.06% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$6.01 | -$43.99 | -$93.99 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$1.14 | −$1.14 | −$1.14 |
| Funding drag(est. 1h hold) | +$0.95 | +$0.95 | +$0.95 |
| Net potential | -$16.18 | -$66.18 | -$116.18 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 44 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 · 237 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
Hotcoin(cex)- Mark Price
- $1,763.42
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -72.68%
- OI
- $164.31M
Gate.io(cex)- Mark Price
- $1,764.48
- Exchange Ticker
- SNDK_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $532.78M
- 24h Vol
- $2259.68M
237 long / 236 short samples · 2 days · auto-refresh every 30s