HYPE · Convergence Trade
Current Spread (mark)
updated 0s ago-0.085%higher than 9% of spread values(window 1D)
long $58.8840 · short $58.8341
Entry Spread (order book)-0.151%on $10,000
long $58.9190 · short $58.8297(average execution prices, not mark)
market median $58.8835· long +0.0%· short -0.1%
⚠ Spread is inverted — Hibachi is cheaper than BloFin. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.085%
9 pct
Median
-0.037%
Average
-0.041%
P25 → P75
-0.061% … -0.021%
Range
-0.177% … +0.071%
Std dev
±0.034%
Size$
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
BloFin(cex)
- Mark Price
- $58.8840
- Exchange Ticker
- HYPE-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -32.34%
- OI
- $14.14M
- 24h Vol
- $8.96M
SHORT
Hibachi(dex)
- Mark Price
- $58.8341
- Exchange Ticker
- HYPE/USDT-P
- Taker / Maker
- 0.045% / 0%
- Funding APR(1h)
- -53.44%
- OI
- $275.46K
- 24h Vol
- $45.85K
276 long / 275 short samples · 2 days · auto-refresh every 30s