COIN · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.331%
long $196.5299 · short $195.8800(long 5m / short 10s old)
Entry Spread (order book)-0.074%on $10,000
long $195.9600 · short $195.8146(average execution prices, not mark)
market median $196.5299· long +0.0%· short -0.3%
⚠ Spread is inverted — Bybit is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 249 samples
Current
-0.331%
0 pct
Median
+0.012%
Average
+0.012%
P25 → P75
-0.006% … +0.030%
Range
-0.121% … +0.112%
Std dev
±0.032%
Size per leg$= $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
Pionex(cex)
Pionex(cex)- Mark Price
- $196.5299
- Exchange Ticker
- COINX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.86%
- OI
- $842.45K
- 24h Vol
- $448.88K
SHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $195.8800
- Exchange Ticker
- COINUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $4.40M
- 24h Vol
- $800.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short231 long / 233 short samples · 2 days · auto-refresh every 30s