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 0.46% 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 | +$45.71 | -$4.29 | -$54.29 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.07 | +$0.07 | +$0.07 |
| Net potential | +$25.78 | -$24.22 | -$74.22 |
⏱ 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 44 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 · 240 samples
OKX(cex)- Mark Price
- $0.001750
- Exchange Ticker
- SOPH-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -121.56%
- OI
- $838.94K
- 24h Vol
- $36.94M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BingX(cex)- Mark Price
- $0.001758
- Exchange Ticker
- SOPH-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -115.71%
- OI
- $654.78K
- 24h Vol
- $2.99M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short210 long / 205 short samples · 2 days · auto-refresh every 30s