SOL · Convergence Trade
Current Spread (mark)
updated 58s ago+0.103%higher than 96% of spread values(window 1D)
long $68.0950 · short $68.1650
Entry Spread (order book)+0.003%on $10,000
long $68.2180 · short $68.2200(average execution prices, not mark)
market median $68.1250· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.22% 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 0.10% 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 | +$10.28 | -$39.72 | -$89.72 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$5.28 | −$5.28 | −$5.28 |
| Funding drag(est. 1h hold) | +$0.21 | +$0.21 | +$0.21 |
| Net potential | -$11.79 | -$61.79 | -$111.79 |
Breakeven move 0.2207%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~18mintypical 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 15 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
+0.103%
96 pct
Median
+0.005%
Average
+0.004%
P25 → P75
-0.021% … +0.032%
Range
-0.353% … +0.218%
Std dev
±0.060%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $68.0950
- Exchange Ticker
- SOL
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -7.71%
- OI
- $313.88M
- 24h Vol
- $624.42M
SHORT
Pacifica(dex)
Pacifica(dex)- Mark Price
- $68.1650
- Exchange Ticker
- SOL
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $5.81M
- 24h Vol
- $30.98M
285 long / 285 short samples · 2 days · auto-refresh every 30s