HYPE · Convergence Trade
Current Spread (mark)
updated 1s ago-0.034%higher than 70% of spread values(window 1D)
long $57.2639 · short $57.2446(long 1m / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $57.2270· long +0.1%· short +0.0%
⚠ Spread is inverted — Ethereal is cheaper than Perpl. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 274 samples
Current
-0.034%
70 pct
Median
-0.045%
Average
-0.046%
P25 → P75
-0.059% … -0.031%
Range
-0.211% … +0.029%
Std dev
±0.025%
Size$
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
Perpl(dex)
Perpl(dex)- Mark Price
- $57.2639
- Exchange Ticker
- HYPE
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +48.89%
- OI
- $470.19K
- 24h Vol
- $442.21K
SHORT
Ethereal(dex)
- Mark Price
- $57.2446
- Exchange Ticker
- HYPEUSD
- Taker / Maker
- 0.03% / 0%
- Funding APR(1h)
- +33.88%
- OI
- $190.51K
- 24h Vol
- $1.29K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short273 long / 272 short samples · 2 days · auto-refresh every 30s