PI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.011%higher than 53% of spread values(window 1D)
long $0.08999 · short $0.08998(long 59s / short 1m old)
Entry Spread (order book)-0.100%on $10,000
long $0.09003 · short $0.08994(average execution prices, not mark)
market median $0.08994· long +0.1%· short +0.1%
⚠ Spread is inverted — Hotcoin is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.011%
53 pct
Median
-0.022%
Average
-0.015%
P25 → P75
-0.066% … +0.032%
Range
-0.495% … +0.641%
Std dev
±0.114%
Size per leg$= $20,000 total
chart range
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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
OKX(cex)
OKX(cex)- Mark Price
- $0.08999
- Exchange Ticker
- PI-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $2.50M
- 24h Vol
- $4.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.08998
- Exchange Ticker
- PIUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +12.05%
- OI
- $176.28K
- 24h Vol
- $493.90K
264 long / 256 short samples · 2 days · auto-refresh every 30s