PIPPIN · Convergence Trade
⚠
Sparse data (31% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Current Spread (mark)
⚠ data may be stale · 13m old-0.336%higher than 8% of spread values(window 1D)
long $0.01191 · short $0.01187(long 13m / short 6m old)
Entry Spread (order book)-0.645%on $10,000thin book — size does not fully fill
long $0.01190 · short $0.01182(average execution prices, not mark)
market median $0.01189· long +0.2%· short -0.1%
⚠ Spread is inverted — KuCoin is cheaper than MEXC. Convergence trade only profits with positive spread.
Size per leg$= $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 · 158 samples
Current
-0.336%
8 pct
Median
+0.000%
Average
+0.004%
P25 → P75
-0.163% … +0.164%
Range
-0.910% … +0.828%
Std dev
±0.274%
tf
LONG
MEXC(cex)
MEXC(cex)- Mark Price
- $0.01191
- Exchange Ticker
- PIPPIN_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $517.00K
- 24h Vol
- $149.71K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.01187
- Exchange Ticker
- PIPPINUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +16.22%
- OI
- $845.40K
- 24h Vol
- $463.36K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade ShortHistory has gaps (31% of expected samples) — KPIs may be noisy
88 long / 88 short samples · 2 days · auto-refresh every 30s