SOXL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.000%higher than 52% of spread values(window 1D)
long $56.0500 · short $56.0500(long 9s / short 1m old)
Entry Spread (order book)-0.018%on $10,000
long $56.0600 · short $56.0500(average execution prices, not mark)
market median $56.0573· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.28% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.00% 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 | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$3.56 | −$3.56 | −$3.56 |
| Funding drag(est. 1h hold) | −$0.08 | −$0.08 | −$0.08 |
| Net potential | -$27.64 | -$77.64 | -$127.64 |
Breakeven move 0.2764%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.000%
52 pct
Median
+0.000%
Average
+0.000%
P25 → P75
-0.049% … +0.053%
Range
-1.072% … +1.753%
Std dev
±0.241%
tf
LONG
BloFin(cex)
BloFin(cex)- Mark Price
- $56.0500
- Exchange Ticker
- SOXL-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -1.89%
- OI
- $7.93M
- 24h Vol
- $453.72K
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $56.0500
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -8.72%
- OI
- $62.02M
- 24h Vol
- $337.69M
283 long / 280 short samples · 2 days · auto-refresh every 30s