HYPE · Convergence Trade
Current Spread (mark)
updated 34s ago-0.035%higher than 30% of spread values(window 1D)
long $69.2770 · short $69.2529
Entry Spread (order book)+0.077%on $10,000
long $69.2610 · short $69.3146(average execution prices, not mark)
market median $69.2530· long +0.0%· short -0.0%
⚠ Spread is inverted — Pionex is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.035%
30 pct
Median
+0.001%
Average
-0.007%
P25 → P75
-0.045% … +0.038%
Range
-0.504% … +0.305%
Std dev
±0.082%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $69.2770
- Exchange Ticker
- HYPEUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -36.12%
- OI
- $9.23M
- 24h Vol
- $2.11M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $69.2529
- Exchange Ticker
- HYPE_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $4.31M
- 24h Vol
- $10.44M
283 long / 281 short samples · 2 days · auto-refresh every 30s