HYPE · Convergence Trade
Sparse data (47% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.13% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$12.78 | -$37.22 | -$87.22 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$12.10 | −$12.10 | −$12.10 |
| Funding drag(est. 1h hold) | −$0.14 | −$0.14 | −$0.14 |
| Net potential | -$14.46 | -$64.46 | -$114.46 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 151 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 965 samples
Live spread — order book
on size $10,000Rebuilt 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.
Ondo(dex)- Mark Price
- $58.7900
- Exchange Ticker
- HYPE-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $52.50K
- 24h Vol
- $497.98K
Aster(dex)- Mark Price
- $58.8652
- Exchange Ticker
- HYPEUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- -1.31%
- OI
- $5.41M
- 24h Vol
- $21.47M
950 long / 950 short samples · 4 days · auto-refresh every 30s