HYPE · Convergence Trade
Current Spread (mark)
updated 2s ago-0.112%higher than 3% of spread values(window 1D)
long $59.7800 · short $59.7130(long 6m / short 6m old)
Entry Spread (order book)-0.026%on $10,000
long $59.9120 · short $59.8964(average execution prices, not mark)
market median $59.7975· long -0.0%· short -0.1%
⚠ Spread is inverted — KuCoin is cheaper than Toobit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 279 samples
Current
-0.112%
3 pct
Median
+0.010%
Average
+0.007%
P25 → P75
-0.009% … +0.032%
Range
-0.330% … +0.156%
Std dev
±0.053%
Size$
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
Toobit(cex)
Toobit(cex)- Mark Price
- $59.7800
- Exchange Ticker
- HYPE-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +0.03%
- OI
- $439.01K
- 24h Vol
- $41.38M
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $59.7130
- Exchange Ticker
- HYPEUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +9.64%
- OI
- $64.37M
- 24h Vol
- $12.47M
275 long / 279 short samples · 2 days · auto-refresh every 30s