BTW · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.437%higher than 80% of spread values(window 1D)
long $0.7022 · short $0.6991(long 20s / short 3m old)
Entry Spread (order book)-2.271%on $10,000
long $0.7050 · short $0.6890(average execution prices, not mark)
market median $0.6931· long +1.3%· short +0.9%
⚠ Spread is inverted — Bitunix is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-0.437%
80 pct
Median
-0.942%
Average
-1.074%
P25 → P75
-1.659% … -0.523%
Range
-3.608% … +7.554%
Std dev
±1.012%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.7022
- Exchange Ticker
- BTWUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -5478.75%
- OI
- $4.84M
- 24h Vol
- $15.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.6991
- Exchange Ticker
- BTWUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -3456.17%
- 24h Vol
- $2.58M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 256 short samples · 2 days · auto-refresh every 30s