SUI · Convergence Trade
Current Spread (mark)
updated 41s ago+0.013%higher than 77% of spread values(window 1D)
long $0.7713 · short $0.7714
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.7714· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.15% 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 | +$1.30 | -$48.70 | -$98.70 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.32 | +$0.32 | +$0.32 |
| Net potential | -$13.80 | -$63.80 | -$113.80 |
Breakeven move 0.1510%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.013%
77 pct
Median
-0.033%
Average
-0.037%
P25 → P75
-0.087% … +0.008%
Range
-0.330% … +0.371%
Std dev
±0.089%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $0.7713
- Exchange Ticker
- SUIUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -36.62%
- OI
- $10.75M
- 24h Vol
- $12.56M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $0.7714
- Exchange Ticker
- SUI-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -8.77%
- OI
- $869.88K
- 24h Vol
- $640.84K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s