SOXS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.019%higher than 61% of spread values(window 1D)
long $52.8200 · short $52.8300(long 1m / short 49s old)
Entry Spread (order book)-0.065%on $10,000
long $52.8448 · short $52.8104(average execution prices, not mark)
market median $52.8200· long +0.0%· short +0.0%
Size per leg$= $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 0.28% 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 | +$1.89 | -$48.11 | -$98.11 |
| 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 | -$26.25 | -$76.25 | -$126.25 |
Breakeven move 0.2814%·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 0.11%) — 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
+0.019%
61 pct
Median
+0.000%
Average
+0.000%
P25 → P75
-0.150% … +0.107%
Range
-1.926% … +2.017%
Std dev
±0.434%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $52.8200
- Exchange Ticker
- SOXSUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $7.25M
- 24h Vol
- $42.78M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $52.8300
- Exchange Ticker
- SOXSUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $2.27M
- 24h Vol
- $4.92M
254 long / 251 short samples · 2 days · auto-refresh every 30s