SNDK · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.21% 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 0.04% 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 | +$3.68 | -$46.32 | -$96.32 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$0.64 | −$0.64 | −$0.64 |
| Funding drag(est. 1h hold) | +$0.02 | +$0.02 | +$0.02 |
| Net potential | -$16.94 | -$66.94 | -$116.94 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 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.
- Mark Price
- $1,767.89
- Exchange Ticker
- SNDK-USD
- Taker / Maker
- 0.04% / 0.012%
- Funding APR(1h)
- +5.48%
- OI
- $361.04K
- 24h Vol
- $805.54K
- Mark Price
- $1,768.54
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +7.11%
- OI
- $59.33M
- 24h Vol
- $142.81M
282 long / 282 short samples · 2 days · auto-refresh every 30s