BTW · Convergence Trade
Current Spread (mark)
updated 16s ago-0.578%higher than 46% of spread values(window 1D)
long $0.6674 · short $0.6635
Entry Spread (order book)-1.116%on $10,000
long $0.6730 · short $0.6655(average execution prices, not mark)
market median $0.6622· long +0.8%· short +0.2%
⚠ Spread is inverted — Gate.io is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.578%
46 pct
Median
-0.522%
Average
-0.666%
P25 → P75
-1.120% … -0.219%
Range
-3.236% … +3.214%
Std dev
±0.778%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.6674
- Exchange Ticker
- BTWUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -2636.77%
- OI
- $4.96M
- 24h Vol
- $17.12M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.6635
- Exchange Ticker
- BTW_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -2519.79%
- OI
- $8.04M
- 24h Vol
- $12.55M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 256 short samples · 2 days · auto-refresh every 30s