BTW · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-3.148%
long $0.6835 · short $0.6620(long 2m / short 3m old)
Entry Spread (order book)-0.089%on $10,000
long $0.6628 · short $0.6622(average execution prices, not mark)
market median $0.6678· long +2.4%· short -0.9%
⚠ Spread is inverted — Gate.io is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $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
-3.148%
0 pct
Median
+0.692%
Average
+0.731%
P25 → P75
+0.360% … +1.089%
Range
-2.137% … +3.131%
Std dev
±0.695%
tf
LONG
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 LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.6620
- Exchange Ticker
- BTW_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -2905.27%
- OI
- $7.98M
- 24h Vol
- $12.70M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short257 long / 254 short samples · 2 days · auto-refresh every 30s