NVDA · Convergence Trade

·size $10,000Earning funding here? → /pair (funding arbitrage)

Current Spread (mark)

updated 49s ago

-0.012%higher than 75% of spread values(window 1D)

long $162.8900 · short $162.8700

Entry Spread (order book)-0.411%on $10,000thin book — size does not fully fill

long $163.5504 · short $162.8775(average execution prices, not mark)

market median $162.8750· long +0.0%· short -0.0%

⚠ Spread is inverted — Bybit is cheaper than Phemex. Convergence trade only profits with positive spread.

Trade Long · Phemex

Trade Short · Bybit

Size per leg$= $20,000 total

every figure below scales from this

Profit Calculator

Sized at $10,000

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

-0.012%

75 pct

Median

-0.037%

Average

-0.055%

P25 → P75

-0.083% … -0.012%

Range

-0.344% … +0.161%

Std dev

±0.075%

LONG

Phemex(cex)

Mark Price: $162.8900
Exchange Ticker: NVDAUSDT
Taker / Maker: 0.06% / 0.01%
Funding APR(4h): +0.00%
OI: $1.50M
24h Vol: $148.22K

Trade Long

SHORT

Bybit(cex)

Mark Price: $162.8700
Exchange Ticker: NVDAUSDT
Taker / Maker: 0.055% / 0.02%
Funding APR(8h): +32.09%
OI: $81.92M
24h Vol: $142.49M

Trade Short

283 long / 283 short samples · 2 days · auto-refresh every 30s