INIT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-1.134%higher than 6% of spread values(window 1D)
long $0.1023 · short $0.1011(long 1m / short 5m old)
Entry Spread (order book)-13.673%on $10,000thin book — size does not fully fill
long $0.1025 · short $0.08846(average execution prices, not mark)
market median $0.1018· long +0.5%· short -0.7%
⚠ Spread is inverted — Crypto.com is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 281 samples
Current
-1.134%
6 pct
Median
+1.611%
Average
+1.190%
P25 → P75
-0.361% … +2.390%
Range
-1.734% … +5.844%
Std dev
±1.523%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1023
- Exchange Ticker
- INITUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(1h)
- -2460.51%
- OI
- $4.85M
- 24h Vol
- $31.28M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.1011
- Exchange Ticker
- INITUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +126.84%
- OI
- $2.81K
- 24h Vol
- $5.27K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 256 short samples · 2 days · auto-refresh every 30s