SNXX · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.24% 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 | +$3.97 | -$46.03 | -$96.03 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$4.08 | +$4.08 | +$4.08 |
| Net potential | -$19.95 | -$69.95 | -$119.95 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 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
- $17.6200
- Exchange Ticker
- SNXXUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -310.90%
- OI
- $19.33K
- 24h Vol
- $25.04K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $17.6270
- Exchange Ticker
- xyz:SNXX
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +46.11%
- OI
- $153.17K
- 24h Vol
- $433.78K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short251 long / 256 short samples · 2 days · auto-refresh every 30s