ETH · Convergence Trade
Current Spread (mark)
updated 18s ago-0.027%higher than 24% of spread values(window 1D)
long $2,700.12 · short $2,699.39
Entry Spread (order book)-0.038%on $10,000
long $2,701.3 · short $2,700.26(average execution prices, not mark)
market median $2,700.35· long -0.0%· short -0.0%
⚠ Spread is inverted — Paradex is cheaper than Hibachi. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.027%
24 pct
Median
+0.016%
Average
+0.015%
P25 → P75
-0.027% … +0.030%
Range
-0.082% … +0.256%
Std dev
±0.058%
Size per leg$= $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
Hibachi(dex)
- Mark Price
- $2,700.12
- Exchange Ticker
- ETH/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -3.51%
- OI
- $269.45K
- 24h Vol
- $2.23M
SHORT
Paradex(dex)
- Mark Price
- $2,699.39
- Exchange Ticker
- ETH-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +10.89%
- OI
- $5.08M
- 24h Vol
- $6.84M
283 long / 283 short samples · 2 days · auto-refresh every 30s