LAB · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.072%higher than 80% of spread values(window 1D)
long $0.05580 · short $0.05576(long 3m / short 2m old)
Entry Spread (order book)-0.747%on $10,000
long $0.05622 · short $0.05580(average execution prices, not mark)
market median $0.05579· long +0.0%· short -0.1%
⚠ Spread is inverted — Hotcoin is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 245 samples
Current
-0.072%
80 pct
Median
-0.142%
Average
-0.149%
P25 → P75
-0.195% … -0.089%
Range
-0.552% … +0.189%
Std dev
±0.099%
Size per leg$= $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
- $0.05580
- Exchange Ticker
- LABUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $4.15M
- 24h Vol
- $963.04K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.05576
- Exchange Ticker
- LABUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +26.89%
- OI
- $919.36K
- 24h Vol
- $765.15K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 232 short samples · 1 day · auto-refresh every 30s