TRUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.095%higher than 25% of spread values(window 1D)
long $1.0570 · short $1.0560(long 4m / short 5m old)
Entry Spread (order book)-0.190%on $10,000
long $1.0520 · short $1.0500(average execution prices, not mark)
market median $1.0535· long +0.3%· short +0.2%
⚠ Spread is inverted — Hotcoin is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.095%
25 pct
Median
+0.000%
Average
-0.018%
P25 → P75
-0.095% … +0.092%
Range
-0.839% … +1.335%
Std dev
±0.213%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $1.0570
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -13.31%
- OI
- $18.11M
- 24h Vol
- $15.31M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1.0560
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +51.05%
- OI
- $2.09M
- 24h Vol
- $4.92M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 249 short samples · 2 days · auto-refresh every 30s