HOOD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.054%higher than 39% of spread values(window 1D)
long $111.5300 · short $111.4700(long 1m / short 3m old)
Entry Spread (order book)-0.145%on $10,000
long $111.6217 · short $111.4600(average execution prices, not mark)
market median $111.4870· long +0.0%· short -0.0%
⚠ Spread is inverted — Toobit is cheaper than Gate.io. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 282 samples
Current
-0.054%
39 pct
Median
-0.035%
Average
-0.037%
P25 → P75
-0.103% … +0.018%
Range
-0.531% … +0.462%
Std dev
±0.118%
Size per leg$= $20,000 total
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
Gate.io(cex)
Gate.io(cex)- Mark Price
- $111.5300
- Exchange Ticker
- HOOD_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +0.00%
- OI
- $405.42K
- 24h Vol
- $2.08M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $111.4700
- Exchange Ticker
- HOOD2-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +210.96%
- OI
- $1.15M
- 24h Vol
- $2.87M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short241 long / 260 short samples · 2 days · auto-refresh every 30s