ETH · Convergence Trade

·size $10,000Earning funding here? → /pair (funding arbitrage)

Current Spread (mark)

updated 1m ago

-0.003%higher than 34% of spread values(window 1D)

long $1,909.15 · short $1,909.09(long 34s / short 1m old)

Entry Spread (order book)+0.007%on $10,000

long $1,908.8 · short $1,908.93(average execution prices, not mark)

market median $1,908.8· long +0.0%· short +0.0%

⚠ Spread is inverted — HTX is cheaper than Pionex. Convergence trade only profits with positive spread.

Trade Long · Pionex

Trade Short · HTX

Size per leg$= $20,000 total

every figure below scales from this

Profit Calculator

Sized at $10,000

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 · 284 samples

Current

-0.003%

34 pct

Median

+0.010%

Average

+0.014%

P25 → P75

-0.014% … +0.036%

Range

-0.203% … +0.506%

Std dev

±0.064%

LONG

Pionex(cex)

Mark Price: $1,909.15
Exchange Ticker: ETH_USDT_PERP
Taker / Maker: 0.05% / 0.02%
Funding APR(8h): +7.06%
OI: $45.11M
24h Vol: $3292.36M

Trade Long

SHORT

HTX(cex)

Mark Price: $1,909.09
Exchange Ticker: ETH-USDT
Taker / Maker: 0.05% / 0.02%
Funding APR(8h): +7.99%
OI: $69.42M
24h Vol: $859.18M

Trade Short

284 long / 282 short samples · 2 days · auto-refresh every 30s