FWDI · Convergence Trade
Current Spread (mark)
updated 0s ago-0.336%higher than 50% of spread values(window 1D)
long $4.1700 · short $4.1560(long 31s / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $4.1690· long +0.0%· short -0.3%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 202 samples
Current
-0.336%
50 pct
Median
-0.336%
Average
-0.308%
P25 → P75
-0.385% … -0.241%
Range
-0.863% … +0.551%
Std dev
±0.162%
Size$
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
Bybit(cex)
Bybit(cex)- Mark Price
- $4.1700
- Exchange Ticker
- FWDIUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $146.94K
- 24h Vol
- $419.75K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $4.1560
- Exchange Ticker
- FWDI-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +31.25%
- OI
- $13.82K
- 24h Vol
- $21.09K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short149 long / 150 short samples · 2 days · auto-refresh every 30s