SOL · Convergence Trade
Current Spread (mark)
updated 50s ago+0.292%higher than 97% of spread values(window 1D)
long $75.9640 · short $76.1860
Entry Spread (order book)+0.358%on $10,000
long $75.9757 · short $76.2477(average execution prices, not mark)
market median $76.0060· long -0.1%· short +0.2%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.29%, but entry and exit cost 0.56% 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 0.29% 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 | +$29.22 | -$20.78 | -$70.78 |
| Round-trip fees | −$26.60 | −$26.60 | −$26.60 |
| Slippage(orderbook) | −$29.28 | −$29.28 | −$29.28 |
| Funding drag(est. 1h hold) | +$0.33 | +$0.33 | +$0.33 |
| Net potential | -$26.33 | -$76.33 | -$126.33 |
Breakeven move 0.5555%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.06% (77% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.292%
97 pct
Median
+0.015%
Average
+0.041%
P25 → P75
-0.031% … +0.131%
Range
-0.297% … +0.712%
Std dev
±0.129%
tf
LONG
Hibachi(dex)
Hibachi(dex)- Mark Price
- $75.9640
- Exchange Ticker
- SOL/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -28.93%
- OI
- $64.75K
- 24h Vol
- $361.79K
SHORT
Perpl(dex)
Perpl(dex)- Mark Price
- $76.1860
- Exchange Ticker
- SOL
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +0.00%
- OI
- $58.09K
- 24h Vol
- $1.28M
283 long / 283 short samples · 2 days · auto-refresh every 30s