BTC · Convergence Trade
Current Spread (mark)
updated 1s ago+0.001%higher than 52% of spread values(window 1D)
long $62,979 · short $62,979.56(long 5m / short 5m old)
Entry Spread (order book)+0.001%on $10,000
long $62,979 · short $62,979.6(average execution prices, not mark)
market median $62,975.9· long +0.0%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.00% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$0.09 | -$49.91 | -$99.91 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$0.18 | −$0.18 | −$0.18 |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | -$19.11 | -$69.11 | -$119.11 |
Breakeven move 0.1920%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 277 samples
Current
+0.001%
52 pct
Median
+0.000%
Average
-0.001%
P25 → P75
-0.006% … +0.006%
Range
-0.053% … +0.040%
Std dev
±0.011%
Size$
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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $62,979
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $2789.23M
- 24h Vol
- $242.36M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $62,979.56
- Exchange Ticker
- BTC_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +8.98%
- OI
- $161.38M
- 24h Vol
- $97.24M
275 long / 273 short samples · 2 days · auto-refresh every 30s