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 · 15m old-0.168%higher than 40% of spread values(window 1D)
long $0.01193 · short $0.01191(long 12m / short 15m old)
Entry Spread (order book)-0.507%on $10,000
long $0.01194 · short $0.01188(average execution prices, not mark)
market median $0.01191· long +0.2%· short +0.0%
⚠ Spread is inverted — MEXC is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $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 · 149 samples
Current
-0.168%
40 pct
Median
-0.162%
Average
-0.167%
P25 → P75
-0.320% … +0.000%
Range
-1.130% … +0.583%
Std dev
±0.283%
tf
LONG
OKX(cex)
OKX(cex)- Mark Price
- $0.01193
- Exchange Ticker
- PIPPIN-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.05M
- 24h Vol
- $804.24K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
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
- $148.68K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade ShortHistory has gaps (31% of expected samples) — KPIs may be noisy
90 long / 88 short samples · 2 days · auto-refresh every 30s