USELESS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 12m old-1.109%
long $0.2986 · short $0.2953(long 12m / short 32s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.2979· long +0.2%· short -0.9%
⚠ Spread is inverted — WOOFi Pro is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 255 samples
Current
-1.109%
0 pct
Median
+0.013%
Average
+0.038%
P25 → P75
-0.101% … +0.135%
Range
-1.571% … +2.572%
Std dev
±0.365%
Size per leg$= $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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.2986
- Exchange Ticker
- USELESSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -18.54%
- OI
- $1.74M
- 24h Vol
- $18.65M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $0.2953
- Exchange Ticker
- PERP_USELESS_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +67.17%
- OI
- $20.23K
- 24h Vol
- $840.80K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 231 short samples · 2 days · auto-refresh every 30s