H · Convergence Trade
Current Spread
updated 0s ago+0.200%higher than 73% of spread values(window 1D)
long $0.06068 · short $0.06080(long 3m / short 1m old)
market median $0.06080· long -0.2%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.20% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$19.96 | -$30.04 | -$80.04 |
| Round-trip fees | −$23.00 | −$23.00 | −$23.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$3.43 | +$3.43 | +$3.43 |
| Net potential | +$0.39 | -$49.61 | -$99.61 |
Breakeven move 0.1957%·Tradeability: 1.0× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.33%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 274 samples
Current
+0.200%
73 pct
Median
-0.092%
Average
-0.056%
P25 → P75
-0.422% … +0.221%
Range
-1.519% … +2.043%
Std dev
±0.496%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.06068
- Exchange Ticker
- HPERP
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $93.63K
- 24h Vol
- $10.87K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BitMart(cex)
BitMart(cex)- Mark Price
- $0.06080
- Exchange Ticker
- HUSDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +311.13%
- OI
- $9.17M
- 24h Vol
- $1.60M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short257 long / 200 short samples · 2 days · auto-refresh every 30s