MORPHO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.070%higher than 37% of spread values(window 1D)
long $2.7058 · short $2.7039(long 48s / short 5m old)
Entry Spread (order book)-0.260%on $10,000
long $2.7127 · short $2.7056(average execution prices, not mark)
market median $2.7039· long +0.1%· short +0.0%
⚠ Spread is inverted — MEXC is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 267 samples
Current
-0.070%
37 pct
Median
-0.044%
Average
-0.055%
P25 → P75
-0.106% … +0.011%
Range
-1.153% … +0.498%
Std dev
±0.151%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
- $2.7058
- Exchange Ticker
- MORPHOUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $8.56M
- 24h Vol
- $5.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $2.7039
- Exchange Ticker
- MORPHO_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $8.38M
- 24h Vol
- $551.59K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 234 short samples · 2 days · auto-refresh every 30s