ICP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.214%higher than 8% of spread values(window 1D)
long $3.4844 · short $3.4769(long 4m / short 21s old)
Entry Spread (order book)-0.174%on $10,000
long $3.4805 · short $3.4745(average execution prices, not mark)
market median $3.4840· long +0.0%· short -0.2%
⚠ Spread is inverted — Hyperliquid is cheaper than grvt. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 274 samples
Current
-0.214%
8 pct
Median
+0.119%
Average
+0.102%
P25 → P75
+0.028% … +0.183%
Range
-1.222% … +0.895%
Std dev
±0.244%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
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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
grvt(dex)
grvt(dex)- Mark Price
- $3.4844
- Exchange Ticker
- ICP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $661.26K
- 24h Vol
- $294.29K
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $3.4769
- Exchange Ticker
- ICP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $2.69M
- 24h Vol
- $8.67M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short222 long / 274 short samples · 2 days · auto-refresh every 30s