BTW · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.818%higher than 48% of spread values(window 1D)
long $0.6891 · short $0.6835(long 3m / short 3m old)
Entry Spread (order book)-2.491%on $10,000thin book — size does not fully fill
long $0.6690 · short $0.6524(average execution prices, not mark)
market median $0.6678· long +3.2%· short +2.4%
⚠ Spread is inverted — OKX is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.818%
48 pct
Median
-0.807%
Average
-0.807%
P25 → P75
-1.148% … -0.407%
Range
-8.668% … +2.886%
Std dev
±0.817%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.6891
- Exchange Ticker
- BTWUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -3215.37%
- OI
- $3.45M
- 24h Vol
- $3.62M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $0.6835
- Exchange Ticker
- BTW-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -563.23%
- OI
- $1.29M
- 24h Vol
- $12.60M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 258 short samples · 2 days · auto-refresh every 30s