SUI · Convergence Trade
Current Spread (mark)
updated 10s ago+0.150%higher than 54% of spread values(window 1D)
long $0.9021 · short $0.9035
Entry Spread (order book)-0.172%on $10,000
long $0.9030 · short $0.9014(average execution prices, not mark)
market median $0.9041· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.15%, but entry and exit cost 0.83% 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 0.15% 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 | +$15.04 | -$34.96 | -$84.96 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$67.76 | −$67.76 | −$67.76 |
| Funding drag(est. 1h hold) | +$0.42 | +$0.42 | +$0.42 |
| Net potential | -$68.30 | -$118.30 | -$168.30 |
Breakeven move 0.8334%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~1min–~12min)
Exit target: spread compresses to the median 0.14% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 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 · 283 samples
Current
+0.150%
54 pct
Median
+0.142%
Average
+0.148%
P25 → P75
+0.110% … +0.181%
Range
-0.114% … +0.373%
Std dev
±0.058%
tf
LONG
Bluefin(dex)
- Mark Price
- $0.9021
- Exchange Ticker
- SUI-PERP
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -31.30%
- OI
- $529.37K
- 24h Vol
- $428.79K
SHORT
Hibachi(dex)
- Mark Price
- $0.9035
- Exchange Ticker
- SUI/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +5.26%
- OI
- $11.49K
- 24h Vol
- $5.43K
283 long / 283 short samples · 2 days · auto-refresh every 30s