SOXL · Convergence Trade
Current Spread (mark)
updated 1m ago+0.149%higher than 61% of spread values(window 1D)
long $99.5800 · short $99.7281(long 1m / short 57s old)
Entry Spread (order book)+0.391%on $10,000
long $99.3931 · short $99.7821(average execution prices, not mark)
market median $99.7310· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.15%, but entry and exit cost 0.37% 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 | +$14.87 | -$35.13 | -$85.13 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.74 | +$0.74 | +$0.74 |
| Net potential | -$22.09 | -$72.09 | -$122.09 |
Breakeven move 0.3696%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — 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
+0.149%
61 pct
Median
+0.098%
Average
+0.125%
P25 → P75
-0.036% … +0.217%
Range
-1.246% … +1.808%
Std dev
±0.383%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $99.5800
- Exchange Ticker
- SOXLUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -64.52%
- OI
- $54.61K
- 24h Vol
- $229.25K
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $99.7281
- Exchange Ticker
- SOXL
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $2.65M
- 24h Vol
- $9.88M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short195 long / 283 short samples · 2 days · auto-refresh every 30s