NIGHT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 8m old-0.062%higher than 49% of spread values(window 1D)
long $0.04696 · short $0.04693(long 3m / short 8m old)
Entry Spread (order book)-0.396%on $10,000thin book — size does not fully fill
long $0.04696 · short $0.04677(average execution prices, not mark)
market median $0.04692· long +0.1%· short +0.0%
⚠ Spread is inverted — MEXC is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-0.062%
49 pct
Median
-0.057%
Average
-0.039%
P25 → P75
-0.160% … +0.081%
Range
-0.792% … +1.105%
Std dev
±0.221%
tf
LONG
KuCoin(cex)
- Mark Price
- $0.04696
- Exchange Ticker
- NIGHTUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -101.03%
- OI
- $3.72M
- 24h Vol
- $2.40M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
MEXC(cex)
- Mark Price
- $0.04693
- Exchange Ticker
- NIGHT_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +1.53%
- OI
- $1.34M
- 24h Vol
- $1.40M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short259 long / 254 short samples · 2 days · auto-refresh every 30s