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 0.62% 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 | +$62.15 | +$12.15 | -$37.85 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.88 | +$0.88 | +$0.88 |
| Net potential | +$41.03 | -$8.97 | -$58.97 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.35% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 47 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 · 236 samples
BingX(cex)- Mark Price
- $0.001770
- Exchange Ticker
- SOPH-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -110.23%
- OI
- $718.96K
- 24h Vol
- $2.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.001781
- Exchange Ticker
- SOPHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -33.09%
- OI
- $665.05K
- 24h Vol
- $19.02M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short201 long / 198 short samples · 2 days · auto-refresh every 30s