SOL · Convergence Trade
Current Spread (mark)
updated 8s ago+0.020%higher than 43% of spread values(window 1D)
long $94.6390 · short $94.6580
Entry Spread (order book)+0.030%on $10,000
long $94.6216 · short $94.6500(average execution prices, not mark)
market median $94.6475· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.17% 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 0.02% 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 | +$2.01 | -$47.99 | -$97.99 |
| Round-trip fees | −$15.40 | −$15.40 | −$15.40 |
| Slippage(orderbook) | −$1.75 | −$1.75 | −$1.75 |
| Funding drag(est. 1h hold) | +$0.16 | +$0.16 | +$0.16 |
| Net potential | -$14.98 | -$64.98 | -$114.98 |
Breakeven move 0.1699%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.02%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.020%
43 pct
Median
+0.023%
Average
+0.025%
P25 → P75
+0.015% … +0.035%
Range
-0.009% … +0.072%
Std dev
±0.014%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $94.6390
- Exchange Ticker
- SOL
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -2.65%
- OI
- $548.56M
- 24h Vol
- $99.22M
SHORT
PopDEX(dex)
PopDEX(dex)- Mark Price
- $94.6580
- Exchange Ticker
- SOLUSDT
- Taker / Maker
- 0.032% / 0.01%
- Funding APR(1h)
- +10.96%
- OI
- $703.71K
- 24h Vol
- $547.71K
285 long / 285 short samples · 2 days · auto-refresh every 30s