GRASS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.115%higher than 23% of spread values(window 1D)
long $0.6521 · short $0.6513(long 2m / short 1m old)
Entry Spread (order book)-0.179%on $10,000
long $0.6517 · short $0.6505(average execution prices, not mark)
market median $0.6514· long +0.1%· short -0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than MEXC. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.115%
23 pct
Median
+0.111%
Average
+0.089%
P25 → P75
-0.086% … +0.246%
Range
-2.020% … +1.476%
Std dev
±0.407%
Size per leg$= $20,000 total
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
MEXC(cex)
MEXC(cex)- Mark Price
- $0.6521
- Exchange Ticker
- GRASS_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $2.49M
- 24h Vol
- $6.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.6513
- Exchange Ticker
- GRASS
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $16.31M
- 24h Vol
- $11.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short232 long / 278 short samples · 2 days · auto-refresh every 30s