SAGA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.710%higher than 41% of spread values(window 1D)
long $0.02647 · short $0.02628(long 3m / short 3m old)
Entry Spread (order book)-1.720%on $10,000thin book — size does not fully fill
long $0.02662 · short $0.02616(average execution prices, not mark)
market median $0.02627· long +0.8%· short +0.0%
⚠ Spread is inverted — Gate.io is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 272 samples
Current
-0.710%
41 pct
Median
-0.552%
Average
-0.476%
P25 → P75
-0.915% … -0.046%
Range
-3.262% … +3.058%
Std dev
±0.698%
Size per leg$= $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
Bybit(cex)
Bybit(cex)- Mark Price
- $0.02647
- Exchange Ticker
- SAGAUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -2461.19%
- OI
- $3.22M
- 24h Vol
- $14.89M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.02628
- Exchange Ticker
- SAGA_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -2407.80%
- OI
- $2.46M
- 24h Vol
- $8.56M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 224 short samples · 2 days · auto-refresh every 30s