GRAM · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.043%higher than 16% of spread values(window 1D)
long $1.6310 · short $1.6303(long 2m / short 8s old)
Entry Spread (order book)-0.786%on $10,000
long $1.6436 · short $1.6307(average execution prices, not mark)
market median $1.6310· long +0.0%· short -0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 279 samples
Current
-0.043%
16 pct
Median
+0.096%
Average
+0.104%
P25 → P75
+0.012% … +0.193%
Range
-1.136% … +0.913%
Std dev
±0.280%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
Phemex(cex)
Phemex(cex)- Mark Price
- $1.6310
- Exchange Ticker
- GRAMUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.82M
- 24h Vol
- $2.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $1.6303
- Exchange Ticker
- GRAM
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +60.72%
- OI
- $31.23M
- 24h Vol
- $25.95M
234 long / 279 short samples · 2 days · auto-refresh every 30s