SOL · Convergence Trade
Current Spread (mark)
updated 20s ago+0.149%higher than 87% of spread values(window 1D)
long $94.7814 · short $94.9229
Entry Spread (order book)+0.106%on $10,000
long $94.8323 · short $94.9325(average execution prices, not mark)
market median $94.8890· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.15%, but entry and exit cost 0.26% 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 | +$14.93 | -$35.07 | -$85.07 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$8.95 | −$8.95 | −$8.95 |
| Funding drag(est. 1h hold) | +$1.00 | +$1.00 | +$1.00 |
| Net potential | -$11.02 | -$61.02 | -$111.02 |
Breakeven move 0.2595%·Tradeability: 0.6× 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 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 54 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 · 285 samples
Current
+0.149%
87 pct
Median
+0.117%
Average
+0.117%
P25 → P75
+0.098% … +0.137%
Range
-0.002% … +0.187%
Std dev
±0.029%
tf
LONG
dYdX(dex)
dYdX(dex)- Mark Price
- $94.7814
- Exchange Ticker
- SOL-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -0.04%
- OI
- $7.23M
- 24h Vol
- $332.81K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $94.9229
- Exchange Ticker
- SOL-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $598.73K
- 24h Vol
- $2.23M
285 long / 285 short samples · 2 days · auto-refresh every 30s