SNDK · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.21% 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 | +$20.57 | -$29.43 | -$79.43 |
| Round-trip fees | −$13.00 | −$13.00 | −$13.00 |
| Slippage(orderbook) | −$104.71 | −$104.71 | −$104.71 |
| Funding drag(est. 1h hold) | −$0.52 | −$0.52 | −$0.52 |
| Net potential | -$97.66 | -$147.66 | -$197.66 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 20 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 · 236 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.
WOOFi Pro(dex)- Mark Price
- $1,780.8
- Exchange Ticker
- PERP_SNDK_USDC_mythos
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +6.57%
- OI
- $22.73K
- 24h Vol
- $35.61K
NADO(dex)- Mark Price
- $1,784.46
- Exchange Ticker
- SNDK-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- -39.01%
- OI
- $376.96K
- 24h Vol
- $3.19M
233 long / 234 short samples · 2 days · auto-refresh every 30s