SOL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.087%higher than 94% of spread values(window 1D)
long $75.5760 · short $75.6418(long 49s / short 1m old)
Entry Spread (order book)-4.021%on $10,000
long $78.8089 · short $75.6400(average execution prices, not mark)
market median $75.6000· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.13% 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 0.09% 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 | +$8.71 | -$41.29 | -$91.29 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$3.21 | −$3.21 | −$3.21 |
| Funding drag(est. 1h hold) | +$0.04 | +$0.04 | +$0.04 |
| Net potential | -$4.46 | -$54.46 | -$104.46 |
Breakeven move 0.1317%·Tradeability: 0.7× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~12min–~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 36 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
+0.087%
94 pct
Median
+0.001%
Average
+0.002%
P25 → P75
-0.026% … +0.031%
Range
-0.258% … +0.441%
Std dev
±0.065%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $75.5760
- Exchange Ticker
- SOL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -10.52%
- OI
- $10.05M
- 24h Vol
- $61.26M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $75.6418
- Exchange Ticker
- SOL_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -6.90%
- OI
- $31.02M
- 24h Vol
- $31.16M
284 long / 284 short samples · 2 days · auto-refresh every 30s