SOXL · Convergence Trade
Current Spread (mark)
updated 51s ago+0.018%higher than 63% of spread values(window 1D)
long $56.0500 · short $56.0600
Entry Spread (order book)-0.044%on $10,000
long $56.0800 · short $56.0553(average execution prices, not mark)
market median $56.0573· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.26% 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 0.02% 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 | +$1.78 | -$48.22 | -$98.22 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$24.64 | -$74.64 | -$124.64 |
Breakeven move 0.2642%·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 0.04%) — 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
+0.018%
63 pct
Median
+0.000%
Average
-0.006%
P25 → P75
-0.036% … +0.036%
Range
-0.960% … +0.520%
Std dev
±0.115%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $56.0500
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $849.78K
- 24h Vol
- $14.74M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $56.0600
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $51.92M
- 24h Vol
- $715.95M
283 long / 283 short samples · 2 days · auto-refresh every 30s