BR · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 8m old-1.978%
long $0.8983 · short $0.8805(long 49s / short 8m old)
Entry Spread (order book)-0.335%on $10,000thin book — size does not fully fill
long $0.9038 · short $0.9008(average execution prices, not mark)
market median $0.8805· long +2.0%· short +0.0%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-1.978%
0 pct
Median
-0.167%
Average
-0.194%
P25 → P75
-0.310% … -0.021%
Range
-2.820% … +1.125%
Std dev
±0.354%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
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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
Bybit(cex)
Bybit(cex)- Mark Price
- $0.8983
- Exchange Ticker
- BRUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $6.74M
- 24h Vol
- $5.68M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.8805
- Exchange Ticker
- BR-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $3.20M
- 24h Vol
- $7.63M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 277 short samples · 1 day · auto-refresh every 30s