SOXL · Convergence Trade
Current Spread (mark)
updated 38s ago+0.071%higher than 65% of spread values(window 1D)
long $56.0100 · short $56.0500
Entry Spread (order book)-0.040%on $10,000
long $56.0625 · short $56.0400(average execution prices, not mark)
market median $56.0500· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.07%, but entry and exit cost 0.44% 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 0.07% 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 | +$7.14 | -$42.86 | -$92.86 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$19.88 | −$19.88 | −$19.88 |
| Funding drag(est. 1h hold) | −$0.10 | −$0.10 | −$0.10 |
| Net potential | -$36.84 | -$86.84 | -$136.84 |
Breakeven move 0.4398%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.071%
65 pct
Median
+0.031%
Average
+0.018%
P25 → P75
-0.053% … +0.107%
Range
-2.086% … +0.895%
Std dev
±0.248%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $56.0100
- Exchange Ticker
- SOXLUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $2.61M
- 24h Vol
- $10.03M
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
- $335.17M
281 long / 280 short samples · 2 days · auto-refresh every 30s