SOXL · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.15%, but entry and exit cost 0.92% 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 0.15% 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 | +$15.47 | -$34.53 | -$84.53 |
| Round-trip fees | −$17.60 | −$17.60 | −$17.60 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.55 | +$0.55 | +$0.55 |
| Net potential | -$76.69 | -$126.69 | -$176.69 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.14% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 60 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
- $55.9700
- Exchange Ticker
- SOXLUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +5.01%
- OI
- $48.81K
- 24h Vol
- $208.93K
- Mark Price
- $56.0566
- Exchange Ticker
- SOXLUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +53.42%
- OI
- $96.54K
- 24h Vol
- $141.70K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 285 short samples · 2 days · auto-refresh every 30s