PENGU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.029%higher than 23% of spread values(window 1D)
long $0.01033 · short $0.01033(long 1m / short 1m old)
Entry Spread (order book)-0.090%on $10,000
long $0.01034 · short $0.01033(average execution prices, not mark)
market median $0.01034· long -0.0%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 247 samples
Current
-0.029%
23 pct
Median
+0.000%
Average
-0.000%
P25 → P75
-0.020% … +0.020%
Range
-0.406% … +0.847%
Std dev
±0.097%
Size per leg$= $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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.01033
- Exchange Ticker
- PENGUUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $2.91M
- 24h Vol
- $10.53M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.01033
- Exchange Ticker
- PENGU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +37.26%
- OI
- $1.61M
- 24h Vol
- $2.70M
235 long / 233 short samples · 1 day · auto-refresh every 30s