TSM · Convergence Trade
Current Spread
updated 0s ago-0.089%higher than 27% of spread values(window 1D)
long $424.3900 · short $424.0100(long 29s / short 4m old)
market median $423.9300· long +0.1%· short +0.0%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 219 samples
Current
-0.089%
27 pct
Median
-0.036%
Average
-0.034%
P25 → P75
-0.094% … +0.026%
Range
-0.652% … +0.734%
Std dev
±0.139%
Size$
chart range
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LONG
Bybit(cex)
- Mark Price
- $424.3900
- Exchange Ticker
- TSMUSDT
- Taker / Maker
- 5.5 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $2.02M
- 24h Vol
- $325.28K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
- Mark Price
- $424.0100
- Exchange Ticker
- TSM-SWAP-USDT
- Taker / Maker
- 6 / 2 bps
- Funding APR(8h)
- +0.00%
- OI
- $40.93K
- 24h Vol
- $1.36M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short199 long / 125 short samples · 2 days · auto-refresh every 30s