SOPH · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 2.59% 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 | +$259.25 | +$209.25 | +$159.25 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.28 | −$0.28 | −$0.28 |
| Net potential | +$238.97 | +$188.97 | +$138.97 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.37% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 16 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 · 247 samples
Binance Futures(cex)- Mark Price
- $0.001754
- Exchange Ticker
- SOPHUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -94.83%
- OI
- $6.90M
- 24h Vol
- $130.06M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BingX(cex)- Mark Price
- $0.001799
- Exchange Ticker
- SOPH-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -119.66%
- OI
- $651.88K
- 24h Vol
- $3.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short206 long / 202 short samples · 2 days · auto-refresh every 30s