1000PEPE · Convergence Trade
Current Spread (mark)
updated 45s ago-0.036%higher than 31% of spread values(window 1D)
long $0.004026 · short $0.004025
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.004025· long +0.0%· short +0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than grvt. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.036%
31 pct
Median
-0.022%
Average
-0.021%
P25 → P75
-0.042% … -0.001%
Range
-0.149% … +0.130%
Std dev
±0.036%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
grvt(dex)
- Mark Price
- $0.004026
- Exchange Ticker
- KPEPE_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -37.69%
- OI
- $940.40K
- 24h Vol
- $2.52M
SHORT
Hyperliquid(dex)
- Mark Price
- $0.004025
- Exchange Ticker
- kPEPE
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -2.31%
- OI
- $13.73M
- 24h Vol
- $1.76M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 284 short samples · 2 days · auto-refresh every 30s