USELESS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.506%higher than 6% of spread values(window 1D)
long $0.2425 · short $0.2413(long 4m / short 5m old)
Entry Spread (order book)-0.175%on $10,000
long $0.2425 · short $0.2420(average execution prices, not mark)
market median $0.2419· long +0.3%· short -0.2%
⚠ Spread is inverted — Aster is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.506%
6 pct
Median
-0.030%
Average
-0.040%
P25 → P75
-0.148% … +0.088%
Range
-1.581% … +1.649%
Std dev
±0.353%
Size per leg$= $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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.2425
- Exchange Ticker
- USELESSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +49.47%
- OI
- $1.41M
- 24h Vol
- $7.94M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.2413
- Exchange Ticker
- USELESSUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +72.82%
- OI
- $727.04K
- 24h Vol
- $855.94K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short259 long / 255 short samples · 2 days · auto-refresh every 30s