SOXL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.201%higher than 11% of spread values(window 1D)
long $104.2700 · short $104.0600(long 42s / short 2m old)
Entry Spread (order book)-0.064%on $10,000
long $104.6967 · short $104.6300(average execution prices, not mark)
market median $104.2700· long +0.0%· short -0.2%
⚠ Spread is inverted — Hotcoin is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.201%
11 pct
Median
+0.010%
Average
+0.008%
P25 → P75
-0.084% … +0.078%
Range
-1.347% … +2.337%
Std dev
±0.284%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $104.2700
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $1.52M
- 24h Vol
- $65.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $104.0600
- Exchange Ticker
- SOXLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +17.21%
- OI
- $53.41M
- 24h Vol
- $173.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 228 short samples · 2 days · auto-refresh every 30s