NIGHT · Convergence Trade
Current Spread
updated 0s ago-0.237%higher than 29% of spread values(window 1D)
long $0.02108 · short $0.02103(long 5m / short 4m old)
market median $0.02105· long +0.1%· short -0.1%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 263 samples
Current
-0.237%
29 pct
Median
-0.044%
Average
-0.069%
P25 → P75
-0.318% … +0.195%
Range
-3.544% … +2.488%
Std dev
±0.620%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.02108
- Exchange Ticker
- NIGHTPERP
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $14.92K
- 24h Vol
- $102.85K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.02103
- Exchange Ticker
- NIGHT-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- -1.64%
- OI
- $39.42K
- 24h Vol
- $8.84M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short240 long / 173 short samples · 2 days · auto-refresh every 30s