NIL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.008%higher than 53% of spread values(window 1D)
long $0.09911 · short $0.09910(long 1m / short 1m old)
Entry Spread (order book)-0.375%on $10,000
long $0.09942 · short $0.09905(average execution prices, not mark)
market median $0.09910· long +0.0%· short +0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.008%
53 pct
Median
-0.019%
Average
-0.050%
P25 → P75
-0.145% … +0.065%
Range
-2.747% … +4.176%
Std dev
±0.546%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
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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
- $0.09911
- Exchange Ticker
- NILUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $9.23M
- 24h Vol
- $18.95M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.09910
- Exchange Ticker
- NIL
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $4.79M
- 24h Vol
- $5.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 283 short samples · 2 days · auto-refresh every 30s