SNOW · Convergence Trade
Sparse data (32% 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 0.01%, 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 0.01% 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 | +$0.58 | -$49.42 | -$99.42 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.48 | +$1.48 | +$1.48 |
| Net potential | -$16.94 | -$66.94 | -$116.94 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.07%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 161 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
- $343.2500
- Exchange Ticker
- SNOWUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -118.28%
- OI
- $1.38K
- 24h Vol
- $5.64K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $343.2700
- Exchange Ticker
- SNOW
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +11.10%
- OI
- $490.88
- 24h Vol
- $14.08K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short92 long / 109 short samples · 2 days · auto-refresh every 30s