HOOD · Convergence Trade
Current Spread
updated 0s ago-0.009%higher than 64% of spread values(window 1D)
long $107.2400 · short $107.2300(long 3m / short 4m old)
market median $107.2700· long -0.0%· short -0.0%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 227 samples
Current
-0.009%
64 pct
Median
-0.060%
Average
-0.063%
P25 → P75
-0.158% … +0.030%
Range
-1.020% … +1.013%
Std dev
±0.210%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $107.2400
- Exchange Ticker
- HOODUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $926.62K
- 24h Vol
- $626.46K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $107.2300
- Exchange Ticker
- HOOD2-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +1.07%
- OI
- $39.19K
- 24h Vol
- $1.63M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short200 long / 122 short samples · 2 days · auto-refresh every 30s