TA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.232%higher than 6% of spread values(window 1D)
long $0.1164 · short $0.1162(long 4m / short 4m old)
Entry Spread (order book)-0.983%on $10,000
long $0.1175 · short $0.1163(average execution prices, not mark)
market median $0.1161· long +0.3%· short +0.1%
⚠ Spread is inverted — Hotcoin is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 278 samples
Current
-0.232%
6 pct
Median
+0.078%
Average
+0.092%
P25 → P75
-0.009% … +0.173%
Range
-1.011% … +2.007%
Std dev
±0.312%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1164
- Exchange Ticker
- TAUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $3.31M
- 24h Vol
- $2.71M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.1162
- Exchange Ticker
- TAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +41.42%
- OI
- $591.38K
- 24h Vol
- $753.23K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 248 short samples · 2 days · auto-refresh every 30s