BTC · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4h old-0.135%higher than 11% of spread values(window 1D)
long $83,726.2 · short $83,613.5(long 24s / short 4h old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $83,721.69· long +0.0%· short -0.1%
⚠ Spread is inverted — Coinbase International is cheaper than WOOFi Pro. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.135%
11 pct
Median
+0.127%
Average
+0.106%
P25 → P75
+0.094% … +0.171%
Range
-0.424% … +0.656%
Std dev
±0.164%
Size per leg$= $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
WOOFi Pro(dex)
- Mark Price
- $83,726.2
- Exchange Ticker
- PERP_BTC_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $2.70M
- 24h Vol
- $11.03M
SHORT
Coinbase International(cex)
- Mark Price
- $83,613.5
- Exchange Ticker
- BTC-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +51.72%
- OI
- $86.24M
- 24h Vol
- $463.28M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 239 short samples · 2 days · auto-refresh every 30s