HYPE · Convergence Trade
Current Spread (mark)
updated 44s ago-0.004%higher than 18% of spread values(window 1D)
long $86.1960 · short $86.1930
Entry Spread (order book)-0.009%on $10,000
long $86.2200 · short $86.2120(average execution prices, not mark)
market median $86.1960· long +0.0%· short -0.0%
⚠ Spread is inverted — Pionex is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.004%
18 pct
Median
+0.013%
Average
+0.013%
P25 → P75
+0.002% … +0.026%
Range
-0.160% … +0.227%
Std dev
±0.034%
Size per leg$= $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
Bybit(cex)
Bybit(cex)- Mark Price
- $86.1960
- Exchange Ticker
- HYPEUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +4.58%
- OI
- $254.10M
- 24h Vol
- $78.14M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $86.1930
- Exchange Ticker
- HYPE_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.65%
- OI
- $5.62M
- 24h Vol
- $5.66M
285 long / 285 short samples · 2 days · auto-refresh every 30s