HYPE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.012%higher than 31% of spread values(window 1D)
long $91.6850 · short $91.6740(long 3m / short 3m old)
Entry Spread (order book)-0.157%on $10,000
long $91.7120 · short $91.5684(average execution prices, not mark)
market median $91.6775· long +0.0%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Aster. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.012%
31 pct
Median
+0.003%
Average
+0.005%
P25 → P75
-0.020% … +0.031%
Range
-0.299% … +0.253%
Std dev
±0.053%
Size per leg$= $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
Aster(dex)
Aster(dex)- Mark Price
- $91.6850
- Exchange Ticker
- HYPEUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- -6.78%
- OI
- $5.36M
- 24h Vol
- $15.56M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $91.6740
- Exchange Ticker
- HYPEUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +4.46%
- OI
- $12.57M
- 24h Vol
- $652.17K
280 long / 278 short samples · 2 days · auto-refresh every 30s