MELANIA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.158%higher than 17% of spread values(window 1D)
long $0.05066 · short $0.05058(long 16s / short 5m old)
Entry Spread (order book)-0.661%on $10,000
long $0.05067 · short $0.05034(average execution prices, not mark)
⚠ Spread is inverted — Bybit is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.158%
17 pct
Median
-0.019%
Average
-0.018%
P25 → P75
-0.128% … +0.075%
Range
-0.912% … +0.857%
Std dev
±0.228%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.05066
- Exchange Ticker
- MELANIA
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -67.13%
- OI
- $786.90K
- 24h Vol
- $98.58K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $0.05058
- Exchange Ticker
- MELANIAUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $624.17K
- 24h Vol
- $532.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 194 short samples · 2 days · auto-refresh every 30s