BTC · Convergence Trade
Current Spread (mark)
updated 40s ago-0.019%higher than 74% of spread values(window 1D)
long $78,036.6 · short $78,021.76
Entry Spread (order book)-0.012%on $10,000
long $78,032 · short $78,022.49(average execution prices, not mark)
market median $78,033.7· long +0.0%· short -0.0%
⚠ Spread is inverted — Hibachi is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.019%
74 pct
Median
-0.028%
Average
-0.028%
P25 → P75
-0.036% … -0.018%
Range
-0.120% … +0.025%
Std dev
±0.017%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $78,036.6
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -3.51%
- OI
- $178.87M
- 24h Vol
- $31.93M
SHORT
Hibachi(dex)
Hibachi(dex)- Mark Price
- $78,021.76
- Exchange Ticker
- BTC/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- +24.54%
- OI
- $482.83K
- 24h Vol
- $6.09M
285 long / 285 short samples · 2 days · auto-refresh every 30s