BTC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 14m old-0.075%higher than 2% of spread values(window 1D)
long $80,871.2 · short $80,810.75(long 14m / short 14m old)
Entry Spread (order book)-0.062%on $10,000
long $80,997.97 · short $80,948(average execution prices, not mark)
market median $80,827.6· long +0.1%· short -0.0%
⚠ Spread is inverted — NADO is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 275 samples
Current
-0.075%
2 pct
Median
-0.004%
Average
-0.006%
P25 → P75
-0.015% … +0.003%
Range
-0.184% … +0.164%
Std dev
±0.032%
Size per leg$= $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
Hyperliquid(dex)
- Mark Price
- $80,871.2
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $3283.53M
- 24h Vol
- $3316.40M
SHORT
NADO(dex)
- Mark Price
- $80,810.75
- Exchange Ticker
- BTC-PERP
- Taker / Maker
- 0.035% / 0.01%
- Funding APR(1h)
- +10.96%
- OI
- $22.60M
- 24h Vol
- $153.13M
274 long / 273 short samples · 2 days · auto-refresh every 30s