SMSN · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old-0.115%
long $208.9500 · short $208.7100(long 6m / short 6m old)
Entry Spread (order book)-0.427%on $10,000
long $208.4585 · short $207.5692(average execution prices, not mark)
market median $208.7950· long +0.1%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 235 samples
Current
-0.115%
0 pct
Median
+0.067%
Average
+0.062%
P25 → P75
+0.043% … +0.091%
Range
-0.105% … +0.163%
Std dev
±0.041%
Size per leg$= $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
- $208.9500
- Exchange Ticker
- SAMSUNGUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -28.40%
- OI
- $8.77M
- 24h Vol
- $3.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $208.7100
- Exchange Ticker
- SAMSUNGUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $2.69M
- 24h Vol
- $749.47K
233 long / 233 short samples · 1 day · auto-refresh every 30s