PENGU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-0.344%higher than 3% of spread values(window 1D)
long $0.005821 · short $0.005801(long 7m / short 46s old)
Entry Spread (order book)-0.071%on $10,000
long $0.005804 · short $0.005800(average execution prices, not mark)
market median $0.005820· long +0.0%· short -0.3%
⚠ Spread is inverted — BloFin is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-0.344%
3 pct
Median
-0.016%
Average
-0.019%
P25 → P75
-0.099% … +0.066%
Range
-2.030% … +0.683%
Std dev
±0.212%
tf
LONG
Toobit(cex)
Toobit(cex)- Mark Price
- $0.005821
- Exchange Ticker
- PENGU-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -4.13%
- OI
- $1.23M
- 24h Vol
- $3.08M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.005801
- Exchange Ticker
- PENGU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -2.83%
- OI
- $1.01M
- 24h Vol
- $535.52K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 251 short samples · 2 days · auto-refresh every 30s