TRX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.017%higher than 34% of spread values(window 1D)
long $0.3331 · short $0.3330(long 1m / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.3331· long +0.0%· short -0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.017%
34 pct
Median
-0.003%
Average
+0.000%
P25 → P75
-0.024% … +0.022%
Range
-0.103% … +0.090%
Std dev
±0.031%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
Pionex(cex)
Pionex(cex)- Mark Price
- $0.3331
- Exchange Ticker
- TRX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -42.08%
- OI
- $1.97M
- 24h Vol
- $587.65K
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.3330
- Exchange Ticker
- TRX
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -35.68%
- OI
- $6.76M
- 24h Vol
- $2.94M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 279 short samples · 2 days · auto-refresh every 30s