SOXL · Convergence Trade
Current Spread (mark)
updated 45s ago+0.042%higher than 55% of spread values(window 1D)
long $71.9500 · short $71.9800
Entry Spread (order book)-0.659%on $10,000
long $71.9764 · short $71.5024(average execution prices, not mark)
market median $71.8800· long +0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.36% 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 0.04% 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 | +$4.17 | -$45.83 | -$95.83 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(orderbook) | −$9.29 | −$9.29 | −$9.29 |
| Funding drag(est. 1h hold) | +$0.72 | +$0.72 | +$0.72 |
| Net potential | -$31.40 | -$81.40 | -$131.40 |
Breakeven move 0.3557%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.042%
55 pct
Median
+0.028%
Average
+0.025%
P25 → P75
-0.025% … +0.086%
Range
-0.902% … +0.787%
Std dev
±0.149%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $71.9500
- Exchange Ticker
- SOXL_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +0.00%
- OI
- $114.77M
- 24h Vol
- $308.07M
SHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $71.9800
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +63.44%
- OI
- $80.53M
- 24h Vol
- $452.99M
285 long / 285 short samples · 2 days · auto-refresh every 30s