PIEVERSE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.045%higher than 44% of spread values(window 1D)
long $1.7636 · short $1.7628(long 4m / short 5m old)
Entry Spread (order book)+0.011%on $10,000
long $1.7595 · short $1.7597(average execution prices, not mark)
market median $1.7636· long +0.0%· short -0.0%
⚠ Spread is inverted — Toobit is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 281 samples
Current
-0.045%
44 pct
Median
-0.018%
Average
-0.046%
P25 → P75
-0.173% … +0.101%
Range
-2.853% … +1.555%
Std dev
±0.390%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1.7636
- Exchange Ticker
- PIEVERSEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.58M
- 24h Vol
- $23.18M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $1.7628
- Exchange Ticker
- PIEVERSE-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +54.79%
- OI
- $3.07M
- 24h Vol
- $7.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short251 long / 260 short samples · 2 days · auto-refresh every 30s