S · Convergence Trade
Current Spread (mark)
updated 48s ago-0.107%higher than 36% of spread values(window 1D)
long $0.03627 · short $0.03623
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.03624· long +0.1%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.107%
36 pct
Median
-0.051%
Average
-0.056%
P25 → P75
-0.158% … +0.059%
Range
-1.519% … +0.884%
Std dev
±0.218%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.03627
- Exchange Ticker
- S
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -2.38%
- OI
- $1.31M
- 24h Vol
- $412.85K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.03623
- Exchange Ticker
- SUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.31M
- 24h Vol
- $564.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 251 short samples · 2 days · auto-refresh every 30s