US · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old-0.282%higher than 34% of spread values(window 1D)
long $0.02797 · short $0.02789(long 6m / short 5m old)
Entry Spread (order book)-0.542%on $10,000
long $0.02791 · short $0.02775(average execution prices, not mark)
market median $0.02789· long +0.3%· short +0.0%
⚠ Spread is inverted — Toobit is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.282%
34 pct
Median
-0.127%
Average
-0.133%
P25 → P75
-0.401% … +0.103%
Range
-3.016% … +3.918%
Std dev
±0.695%
Size per leg$= $20,000 total
chart range
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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
Bybit(cex)
Bybit(cex)- Mark Price
- $0.02797
- Exchange Ticker
- USUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +30.78%
- OI
- $7.34M
- 24h Vol
- $22.17M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Toobit(cex)
Toobit(cex)- Mark Price
- $0.02789
- Exchange Ticker
- US-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +60.70%
- OI
- $4.14M
- 24h Vol
- $10.81M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 275 short samples · 1 day · auto-refresh every 30s