SOPH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.447%higher than 25% of spread values(window 1D)
long $0.001789 · short $0.001781(long 2m / short 3m old)
Entry Spread (order book)-0.794%on $10,000
long $0.001792 · short $0.001778(average execution prices, not mark)
market median $0.001787· long +0.1%· short -0.3%
⚠ Spread is inverted — Bitget is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 236 samples
Current
-0.447%
25 pct
Median
-0.088%
Average
-0.068%
P25 → P75
-0.430% … +0.247%
Range
-12.238% … +6.437%
Std dev
±1.473%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.001789
- Exchange Ticker
- SOPHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +1.49%
- OI
- $519.75K
- 24h Vol
- $10.15M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
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 Short197 long / 199 short samples · 2 days · auto-refresh every 30s