SUI · Convergence Trade
Current Spread (mark)
updated 58s ago+0.078%higher than 93% of spread values(window 1D)
long $0.7696 · short $0.7702
Entry Spread (order book)-0.220%on $10,000
long $0.7716 · short $0.7699(average execution prices, not mark)
market median $0.7703· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.08%, but entry and exit cost 0.25% 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 0.08% 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 | +$7.80 | -$42.20 | -$92.20 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$3.81 | −$3.81 | −$3.81 |
| Funding drag(est. 1h hold) | +$0.32 | +$0.32 | +$0.32 |
| Net potential | -$17.69 | -$67.69 | -$117.69 |
Breakeven move 0.2549%·Tradeability: 0.3× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 282 samples
Current
+0.078%
93 pct
Median
-0.005%
Average
-0.010%
P25 → P75
-0.040% … +0.025%
Range
-0.544% … +0.412%
Std dev
±0.083%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $0.7696
- Exchange Ticker
- SUIUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -30.37%
- OI
- $10.72M
- 24h Vol
- $12.58M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $0.7702
- Exchange Ticker
- SUI_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -2.33%
- OI
- $3.37M
- 24h Vol
- $2.19M
282 long / 280 short samples · 2 days · auto-refresh every 30s