SNDK · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.060%higher than 74% of spread values(window 1D)
long $1,398.96 · short $1,399.8(long 2m / short 2m old)
Entry Spread (order book)+0.010%on $10,000
long $1,400.34 · short $1,400.48(average execution prices, not mark)
market median $1,398.99· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.06%, but entry and exit cost 0.18% 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 0.06% 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 | +$6.00 | -$44.00 | -$94.00 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$1.97 | −$1.97 | −$1.97 |
| Funding drag(est. 1h hold) | +$0.13 | +$0.13 | +$0.13 |
| Net potential | -$11.84 | -$61.84 | -$111.84 |
Breakeven move 0.1784%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 57 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 · 284 samples
Current
+0.060%
74 pct
Median
+0.008%
Average
+0.015%
P25 → P75
-0.036% … +0.063%
Range
-1.180% … +0.875%
Std dev
±0.169%
tf
LONG
MEXC(cex)
MEXC(cex)- Mark Price
- $1,398.96
- Exchange Ticker
- SNDKSTOCK_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $73.32M
- 24h Vol
- $69.14M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1,399.8
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $46.72M
- 24h Vol
- $104.76M
273 long / 259 short samples · 2 days · auto-refresh every 30s