PIPPIN · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.032%higher than 14% of spread values(window 1D)
long $0.01746 · short $0.01745(long 4m / short 1m old)
Entry Spread (order book)-0.561%on $10,000
long $0.01752 · short $0.01742(average execution prices, not mark)
market median $0.01747· long -0.1%· short -0.1%
⚠ Spread is inverted — Binance Futures is cheaper than WEEX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 279 samples
Current
-0.032%
14 pct
Median
+0.057%
Average
+0.052%
P25 → P75
+0.000% … +0.093%
Range
-0.207% … +0.348%
Std dev
±0.084%
Size per leg$= $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
WEEX(cex)
WEEX(cex)- Mark Price
- $0.01746
- Exchange Ticker
- PIPPINUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +49.23%
- OI
- $1.73M
- 24h Vol
- $29.32K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.01745
- Exchange Ticker
- PIPPINUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +45.59%
- OI
- $5.20M
- 24h Vol
- $1.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 257 short samples · 2 days · auto-refresh every 30s