NVDA · Convergence Trade

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

Current Spread (mark)

updated 1m ago

-0.049%higher than 21% of spread values(window 1D)

long $162.9500 · short $162.8700(long 1m / short 22s old)

Entry Spread (order book)-0.074%on $10,000

long $162.9800 · short $162.8600(average execution prices, not mark)

market median $162.8450· long +0.1%· short +0.0%

⚠ Spread is inverted — Hotcoin is cheaper than Toobit. Convergence trade only profits with positive spread.

Trade Long · Toobit

Trade Short · Hotcoin

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 · 284 samples

Current

-0.049%

21 pct

Median

+0.000%

Average

-0.001%

P25 → P75

-0.037% … +0.037%

Range

-0.765% … +0.449%

Std dev

±0.092%

LONG

Toobit(cex)

Mark Price: $162.9500
Exchange Ticker: NVDA-SWAP-USDT
Taker / Maker: 0.06% / 0.02%
Funding APR(8h): +0.00%
OI: $315.38M
24h Vol: $809.43M

Trade Long

SHORT

Hotcoin(cex)

Mark Price: $162.8700
Exchange Ticker: NVDAUSDT
Taker / Maker: 0.06% / 0.02%
Funding APR(8h): +27.67%
OI: $13.90M
24h Vol: $135.69M

Trade Short

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