SOXL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.14% 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 0.03% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$2.54 | -$47.46 | -$97.46 |
| Round-trip fees | −$11.00 | −$11.00 | −$11.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$11.58 | -$61.58 | -$111.58 |
⏱ 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 · 239 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
Bybit(cex)- Mark Price
- $116.1800
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $38.85M
- 24h Vol
- $172.19M
Variational(dex)- Mark Price
- $116.2095
- Exchange Ticker
- SOXL
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $1.78M
- 24h Vol
- $2.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 235 short samples · 2 days · auto-refresh every 30s