HOOD · Convergence Trade
Current Spread (mark)
updated 0s ago-0.128%higher than 30% of spread values(window 1D)
long $96.0900 · short $95.9670(long 2m / short 2m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $95.9635· long +0.1%· short +0.0%
⚠ Spread is inverted — trade[XYZ] is cheaper than Bitunix. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 254 samples
Current
-0.128%
30 pct
Median
-0.118%
Average
-0.117%
P25 → P75
-0.131% … -0.106%
Range
-0.180% … -0.052%
Std dev
±0.021%
Size$
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
Bitunix(cex)
Bitunix(cex)- Mark Price
- $96.0900
- Exchange Ticker
- HOODUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -7.44%
- 24h Vol
- $164.65K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT![trade[XYZ]](/icons/exchanges/hyperliquid.jpg)
trade[XYZ](dex)
trade[XYZ](dex)- Mark Price
- $95.9670
- Exchange Ticker
- xyz:HOOD
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +23.40%
- OI
- $18.45M
- 24h Vol
- $663.44K
247 long / 225 short samples · 2 days · auto-refresh every 30s