STABLE · Convergence Trade
Current Spread
updated 0s ago-0.737%higher than 4% of spread values(window 1D)
long $0.03880 · short $0.03851(long 4m / short 15m old)
market median $0.03870· long +0.3%· short -0.5%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 230 samples
Current
-0.737%
4 pct
Median
-0.337%
Average
-0.339%
P25 → P75
-0.415% … -0.259%
Range
-2.151% … +1.274%
Std dev
±0.258%
Size$
chart range
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LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.03880
- Exchange Ticker
- STABLEUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(4h)
- +10.95%
- OI
- $5.57M
- 24h Vol
- $842.48K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.03851
- Exchange Ticker
- STABLE-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(4h)
- +10.95%
- 24h Vol
- $26.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short200 long / 123 short samples · 2 days · auto-refresh every 30s