BARD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.491%higher than 45% of spread values(window 1D)
long $0.1221 · short $0.1215(long 3m / short 4m old)
Entry Spread (order book)-0.594%on $10,000
long $0.1216 · short $0.1209(average execution prices, not mark)
market median $0.1218· long +0.2%· short -0.2%
⚠ Spread is inverted — Bitget is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 276 samples
Current
-0.491%
45 pct
Median
-0.400%
Average
-0.515%
P25 → P75
-0.875% … +0.000%
Range
-5.222% … +1.667%
Std dev
±0.858%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.1221
- Exchange Ticker
- BARDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -1009.85%
- OI
- $608.42K
- 24h Vol
- $23.34M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $0.1215
- Exchange Ticker
- BARDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -977.63%
- OI
- $2.05M
- 24h Vol
- $33.36M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short249 long / 254 short samples · 2 days · auto-refresh every 30s