PRL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 12m old-0.273%higher than 19% of spread values(window 1D)
long $0.07330 · short $0.07310(long 2m / short 12m old)
Entry Spread (order book)-1.049%on $10,000thin book — size does not fully fill
long $0.07356 · short $0.07279(average execution prices, not mark)
market median $0.07319· long +0.2%· short -0.1%
⚠ Spread is inverted — Bitget is cheaper than KuCoin. Convergence trade only profits with positive spread.
Size per leg$= $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 · 221 samples
Current
-0.273%
19 pct
Median
-0.068%
Average
-0.080%
P25 → P75
-0.218% … +0.054%
Range
-1.661% … +1.791%
Std dev
±0.328%
tf
LONG
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.07330
- Exchange Ticker
- PRLUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.33M
- 24h Vol
- $1.96M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $0.07310
- Exchange Ticker
- PRLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $543.36K
- 24h Vol
- $327.62K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short168 long / 168 short samples · 2 days · auto-refresh every 30s