JELLYJELLY · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.036%higher than 40% of spread values(window 1D)
long $0.05622 · short $0.05620(long 3m / short 3m old)
Entry Spread (order book)-0.862%on $10,000
long $0.05638 · short $0.05589(average execution prices, not mark)
market median $0.05622· long +0.0%· short -0.0%
⚠ Spread is inverted — Hotcoin is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 265 samples
Current
-0.036%
40 pct
Median
-0.018%
Average
-0.016%
P25 → P75
-0.075% … +0.053%
Range
-0.707% … +0.371%
Std dev
±0.136%
Size per leg$= $20,000 total
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
Bybit(cex)
Bybit(cex)- Mark Price
- $0.05622
- Exchange Ticker
- JELLYJELLYUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +29.50%
- OI
- $2.46M
- 24h Vol
- $718.47K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.05620
- Exchange Ticker
- JELLYJELLYUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +61.56%
- OI
- $317.10K
- 24h Vol
- $180.65K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 231 short samples · 2 days · auto-refresh every 30s