USELESS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.099%higher than 27% of spread values(window 1D)
long $0.2839 · short $0.2836(long 2m / short 14s old)
Entry Spread (order book)-17.109%on $10,000thin book — size does not fully fill
long $0.2844 · short $0.2357(average execution prices, not mark)
market median $0.2838· long +0.0%· short -0.1%
⚠ Spread is inverted — Crypto.com is cheaper than Bitget. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 251 samples
Current
-0.099%
27 pct
Median
-0.035%
Average
-0.030%
P25 → P75
-0.102% … +0.026%
Range
-1.218% … +1.059%
Std dev
±0.231%
Size per leg$= $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
Bitget(cex)
Bitget(cex)- Mark Price
- $0.2839
- Exchange Ticker
- USELESSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +18.19%
- OI
- $5.27M
- 24h Vol
- $4.07M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.2836
- Exchange Ticker
- USELESSUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +132.20%
- OI
- $4.01K
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 230 short samples · 2 days · auto-refresh every 30s