GRAM · Convergence Trade
Current Spread (mark)
updated 43s ago-0.191%higher than 14% of spread values(window 1D)
long $1.0971 · short $1.0950
Entry Spread (order book)-0.524%on $10,000
long $1.0976 · short $1.0919(average execution prices, not mark)
market median $1.0951· long +0.2%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.191%
14 pct
Median
-0.027%
Average
-0.028%
P25 → P75
-0.130% … +0.081%
Range
-1.058% … +0.902%
Std dev
±0.194%
tf
LONG
Hyperliquid(dex)
- Mark Price
- $1.0971
- Exchange Ticker
- GRAM
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -57.79%
- OI
- $14.99M
- 24h Vol
- $8.04M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
- Mark Price
- $1.0950
- Exchange Ticker
- GRAMUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.65M
- 24h Vol
- $1.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 251 short samples · 2 days · auto-refresh every 30s