BTC · Convergence Trade
Current Spread (mark)
updated 54s ago-0.100%higher than 45% of spread values(window 1D)
long $83,640 · short $83,556.36
Entry Spread (order book)-0.101%on $10,000
long $83,639 · short $83,554.52(average execution prices, not mark)
market median $83,636.05· long +0.0%· short -0.1%
⚠ Spread is inverted — Ondo is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.100%
45 pct
Median
-0.099%
Average
-0.094%
P25 → P75
-0.107% … -0.086%
Range
-0.159% … -0.017%
Std dev
±0.021%
Size per leg$= $20,000 total
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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $83,640
- Exchange Ticker
- BTC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.78%
- OI
- $3151.97M
- 24h Vol
- $1148.69M
SHORT
Ondo(dex)
Ondo(dex)- Mark Price
- $83,556.36
- Exchange Ticker
- BTC-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $3.75M
- 24h Vol
- $11.45M
285 long / 284 short samples · 2 days · auto-refresh every 30s