SOL · Convergence Trade
Current Spread (mark)
updated 36s ago+0.082%higher than 97% of spread values(window 1D)
long $95.1260 · short $95.2036
Entry Spread (order book)+0.021%on $10,000
long $95.1330 · short $95.1529(average execution prices, not mark)
market median $95.1790· long -0.1%· short +0.0%
Size per leg$= $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 0.20% 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 | +$8.16 | -$41.84 | -$91.84 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$3.83 | −$3.83 | −$3.83 |
| Funding drag(est. 1h hold) | +$0.88 | +$0.88 | +$0.88 |
| Net potential | -$11.79 | -$61.79 | -$111.79 |
Breakeven move 0.1995%·Tradeability: 0.4× 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 10 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 · 284 samples
Current
+0.082%
97 pct
Median
+0.025%
Average
+0.018%
P25 → P75
+0.000% … +0.041%
Range
-0.184% … +0.135%
Std dev
±0.039%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $95.1260
- Exchange Ticker
- SOL
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $539.71M
- 24h Vol
- $225.77M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $95.2036
- Exchange Ticker
- SOL-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $542.56K
- 24h Vol
- $2.18M
284 long / 284 short samples · 2 days · auto-refresh every 30s