ICP · Convergence Trade
Current Spread (mark)
updated 1s ago-0.133%higher than 7% of spread values(window 1D)
long $2.2640 · short $2.2610(long 8m / short 5m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2.2617· long +0.1%· short -0.0%
⚠ Spread is inverted — Bybit is cheaper than KuCoin. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 241 samples
Current
-0.133%
7 pct
Median
-0.044%
Average
-0.026%
P25 → P75
-0.088% … +0.044%
Range
-0.308% … +0.220%
Std dev
±0.082%
Size$
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
KuCoin(cex)
KuCoin(cex)- Mark Price
- $2.2640
- Exchange Ticker
- ICPUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +0.22%
- OI
- $6.27M
- 24h Vol
- $879.95K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $2.2610
- Exchange Ticker
- ICPPERP
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $121.91K
- 24h Vol
- $3.43K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short224 long / 226 short samples · 2 days · auto-refresh every 30s