KITE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-0.111%higher than 23% of spread values(window 1D)
long $0.1537 · short $0.1535(long 6m / short 7m old)
Entry Spread (order book)-0.167%on $10,000thin book — size does not fully fill
long $0.1544 · short $0.1541(average execution prices, not mark)
market median $0.1535· long +0.1%· short +0.0%
⚠ Spread is inverted — Bybit is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 266 samples
Current
-0.111%
23 pct
Median
-0.007%
Average
+0.019%
P25 → P75
-0.093% … +0.105%
Range
-1.208% … +2.036%
Std dev
±0.293%
Size per leg$= $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
Toobit(cex)
Toobit(cex)- Mark Price
- $0.1537
- Exchange Ticker
- KITE-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $890.99K
- 24h Vol
- $1.92M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1535
- Exchange Ticker
- KITEUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +39.95%
- OI
- $2.80M
- 24h Vol
- $4.83M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 233 short samples · 1 day · auto-refresh every 30s