TRUMP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.047%higher than 35% of spread values(window 1D)
long $1.0545 · short $1.0540(long 46s / short 3m old)
Entry Spread (order book)-0.229%on $10,000
long $1.0551 · short $1.0527(average execution prices, not mark)
market median $1.0547· long -0.0%· short -0.1%
⚠ Spread is inverted — Phemex is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.047%
35 pct
Median
+0.000%
Average
-0.005%
P25 → P75
-0.088% … +0.084%
Range
-1.472% … +0.765%
Std dev
±0.207%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $1.0545
- Exchange Ticker
- TRUMP
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -89.47%
- OI
- $7.34M
- 24h Vol
- $3.63M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $1.0540
- Exchange Ticker
- TRUMPUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.07M
- 24h Vol
- $1.44M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 252 short samples · 2 days · auto-refresh every 30s