ONE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-20.432%higher than 17% of spread values(window 1D)
long $0.001967 · short $0.001565(long 1m / short 4m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.002098· long -6.3%· short -25.4%leg is an outlier vs market
⚠ Spread is inverted — OKX is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 270 samples
Current
-20.432%
17 pct
Median
-14.101%
Average
-13.517%
P25 → P75
-19.177% … -7.987%
Range
-26.445% … -1.548%
Std dev
±6.373%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.001967
- Exchange Ticker
- ONEUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(1h)
- -5405.99%
- OI
- $2.17M
- 24h Vol
- $4.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $0.001565
- Exchange Ticker
- ONE-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +461.37%
- OI
- $3.08M
- 24h Vol
- $66.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade ShortLegs are price-incoherent (one side is far from the cross-venue median or oracle-only) — likely a wrong-scale/stale market, not a real convergence trade. Profit suppressed.
226 long / 252 short samples · 2 days · auto-refresh every 30s