HYPE · Convergence Trade
Current Spread (mark)
updated 1m ago-0.032%higher than 2% of spread values(window 1D)
long $91.6913 · short $91.6620(long 1m / short 1m old)
Entry Spread (order book)-0.043%on $10,000
long $91.7498 · short $91.7105(average execution prices, not mark)
market median $91.6700· long +0.0%· short -0.0%
⚠ Spread is inverted — Lighter Robinhood is cheaper than Ondo. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.032%
2 pct
Median
+0.010%
Average
+0.011%
P25 → P75
-0.004% … +0.024%
Range
-0.046% … +0.129%
Std dev
±0.024%
Size per leg$= $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
Ondo(dex)
Ondo(dex)- Mark Price
- $91.6913
- Exchange Ticker
- HYPE-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $542.22K
- 24h Vol
- $1.20M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $91.6620
- Exchange Ticker
- HYPE-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $5.45M
- 24h Vol
- $11.39M
281 long / 280 short samples · 1 day · auto-refresh every 30s