SOXL · 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 | +$62.39 | +$12.39 | -$37.61 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.07 | +$0.07 | +$0.07 |
| Net potential | +$54.46 | +$4.46 | -$45.54 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 19 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 · 285 samples
- Mark Price
- $97.5315
- Exchange Ticker
- SOXLUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +8.83%
- OI
- $1.39M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $98.1400
- Exchange Ticker
- SOXL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +14.90%
- OI
- $1.36M
- 24h Vol
- $5.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short194 long / 285 short samples · 2 days · auto-refresh every 30s