BTW · Convergence Trade
Current Spread (mark)
updated 1m ago-0.119%higher than 15% of spread values(window 1D)
long $1.6819 · short $1.6799(long 1m / short 4s old)
Entry Spread (order book)-0.097%on $10,000
long $1.6820 · short $1.6804(average execution prices, not mark)
market median $1.6795· long +0.1%· short +0.0%
⚠ Spread is inverted — MEXC is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.119%
15 pct
Median
-0.006%
Average
+0.003%
P25 → P75
-0.068% … +0.043%
Range
-1.210% … +6.506%
Std dev
±0.435%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $1.6819
- Exchange Ticker
- BTW-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -1.09%
- OI
- $9.46M
- 24h Vol
- $15.16M
SHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $1.6799
- Exchange Ticker
- BTW_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $16.52M
- 24h Vol
- $13.15M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short281 long / 280 short samples · 2 days · auto-refresh every 30s