HBAR · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old-0.178%higher than 4% of spread values(window 1D)
long $0.09557 · short $0.09540(long 5m / short 6m old)
Entry Spread (order book)-0.147%on $10,000
long $0.09594 · short $0.09580(average execution prices, not mark)
market median $0.09566· long -0.1%· short -0.3%
⚠ Spread is inverted — Phemex is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 256 samples
Current
-0.178%
4 pct
Median
+0.013%
Average
+0.015%
P25 → P75
-0.025% … +0.057%
Range
-0.433% … +0.453%
Std dev
±0.098%
Size per leg$= $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
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.09557
- Exchange Ticker
- HBARUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $32.71M
- 24h Vol
- $37.93M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.09540
- Exchange Ticker
- HBARUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $2.18M
- 24h Vol
- $2.70M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 233 short samples · 1 day · auto-refresh every 30s