APR · Convergence Trade
Current Spread (mark)
updated 0s ago-0.417%higher than 33% of spread values(window 1D)
long $0.1870 · short $0.1862(long 3m / short 14m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1856· long +0.8%· short +0.4%
⚠ Spread is inverted — Gate.io is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 254 samples
Current
-0.417%
33 pct
Median
-0.161%
Average
-0.139%
P25 → P75
-0.537% … +0.412%
Range
-5.165% … +3.065%
Std dev
±0.959%
Size$
chart range
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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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.1870
- Exchange Ticker
- APRUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +5.47%
- OI
- $1.07M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.1862
- Exchange Ticker
- APR_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +66.80%
- OI
- $1.23M
- 24h Vol
- $11.89M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short209 long / 208 short samples · 2 days · auto-refresh every 30s