SOPH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.890%higher than 7% of spread values(window 1D)
long $0.001797 · short $0.001781(long 3m / short 3m old)
Entry Spread (order book)-0.891%on $10,000thin book — size does not fully fill
long $0.001795 · short $0.001779(average execution prices, not mark)
market median $0.001787· long +0.6%· short -0.3%
⚠ Spread is inverted — Bitget is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 225 samples
Current
-0.890%
7 pct
Median
+0.054%
Average
+0.068%
P25 → P75
-0.282% … +0.310%
Range
-4.125% … +4.716%
Std dev
±0.976%
tf
LONG
KuCoin(cex)
- Mark Price
- $0.001797
- Exchange Ticker
- SOPHUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -181.02%
- OI
- $951.33K
- 24h Vol
- $4.76M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
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 Short205 long / 198 short samples · 2 days · auto-refresh every 30s