CHIP · Convergence Trade
Current Spread
updated 0s ago-0.368%higher than 3% of spread values(window 1D)
long $0.02987 · short $0.02976(long 31s / short 9m old)
market median $0.02980· long +0.2%· short -0.1%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 230 samples
Current
-0.368%
3 pct
Median
-0.067%
Average
-0.063%
P25 → P75
-0.134% … +0.000%
Range
-0.566% … +0.537%
Std dev
±0.162%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.02987
- Exchange Ticker
- CHIPUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $4.11M
- 24h Vol
- $745.05K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.02976
- Exchange Ticker
- CHIP-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +17.73%
- OI
- $8.06K
- 24h Vol
- $514.24K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short199 long / 133 short samples · 2 days · auto-refresh every 30s