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 | +$45.79 | -$4.21 | -$54.21 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.69 | +$0.69 | +$0.69 |
| Net potential | +$22.48 | -$27.52 | -$77.52 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.39% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 56 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 · 230 samples
Toobit(cex)- Mark Price
- $0.001747
- Exchange Ticker
- SOPH-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -100.36%
- OI
- $5.07M
- 24h Vol
- $13.65M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Bitget(cex)- Mark Price
- $0.001755
- Exchange Ticker
- SOPHUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -39.67%
- OI
- $650.01K
- 24h Vol
- $19.03M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short207 long / 203 short samples · 2 days · auto-refresh every 30s