COTI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-0.317%higher than 6% of spread values(window 1D)
long $0.01485 · short $0.01480(long 6m / short 7m old)
Entry Spread (order book)-0.326%on $10,000thin book — size does not fully fill
long $0.01487 · short $0.01482(average execution prices, not mark)
market median $0.01485· long +0.0%· short -0.3%
⚠ Spread is inverted — Bybit is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.317%
6 pct
Median
-0.003%
Average
-0.005%
P25 → P75
-0.109% … +0.108%
Range
-0.666% … +0.535%
Std dev
±0.189%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
- $0.01485
- Exchange Ticker
- COTI-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -174.19%
- OI
- $1.06M
- 24h Vol
- $2.28M
SHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $0.01480
- Exchange Ticker
- COTIUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -68.20%
- OI
- $2.57M
- 24h Vol
- $2.42M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short275 long / 233 short samples · 1 day · auto-refresh every 30s