MORPHO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old-0.385%higher than 2% of spread values(window 1D)
long $2.1561 · short $2.1478(long 6m / short 5m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2.1531· long +0.1%· short -0.2%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 249 samples
Current
-0.385%
2 pct
Median
-0.147%
Average
-0.143%
P25 → P75
-0.189% … -0.098%
Range
-1.155% … +0.606%
Std dev
±0.130%
Size per leg$= $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
- $2.1561
- Exchange Ticker
- MORPHOUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $6.88M
- 24h Vol
- $1.78M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $2.1478
- Exchange Ticker
- MORPHO-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $38.76K
- 24h Vol
- $2.20M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short224 long / 225 short samples · 2 days · auto-refresh every 30s