ETH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.144%higher than 9% of spread values(window 1D)
long $2,419.7 · short $2,416.23(long 2m / short 2m old)
Entry Spread (order book)-0.109%on $10,000
long $2,420 · short $2,417.36(average execution prices, not mark)
market median $2,417.79· long +0.1%· short -0.1%
⚠ Spread is inverted — Variational is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 275 samples
Current
-0.144%
9 pct
Median
-0.084%
Average
-0.078%
P25 → P75
-0.111% … -0.046%
Range
-0.393% … +0.142%
Std dev
±0.061%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
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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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $2,419.7
- Exchange Ticker
- ETH
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $2228.39M
- 24h Vol
- $1081.27M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $2,416.23
- Exchange Ticker
- ETH
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +5.43%
- OI
- $124.48M
- 24h Vol
- $183.69M
275 long / 275 short samples · 2 days · auto-refresh every 30s