HYPE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4h old-0.505%higher than 12% of spread values(window 1D)
long $89.1300 · short $88.6800(long 33s / short 4h old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $89.1370· long -0.0%· short -0.5%
⚠ Spread is inverted — Coinbase International is cheaper than MEXC. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.505%
12 pct
Median
+0.085%
Average
+0.351%
P25 → P75
-0.048% … +0.377%
Range
-2.036% … +4.245%
Std dev
±1.172%
Size per leg$= $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
MEXC(cex)
MEXC(cex)- Mark Price
- $89.1300
- Exchange Ticker
- HYPE_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +1.31%
- OI
- $102.56M
- 24h Vol
- $114.78M
SHORT
Coinbase International(cex)
Coinbase International(cex)- Mark Price
- $88.6800
- Exchange Ticker
- HYPE-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +89.41%
- OI
- $4.19M
- 24h Vol
- $2.30M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 238 short samples · 2 days · auto-refresh every 30s