USELESS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.018%higher than 54% of spread values(window 1D)
long $0.1119 · short $0.1119(long 4m / short 3m old)
Entry Spread (order book)-0.533%on $10,000
long $0.1119 · short $0.1113(average execution prices, not mark)
market median $0.1120· long -0.0%· short -0.0%
⚠ Spread is inverted — KuCoin is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-0.018%
54 pct
Median
-0.051%
Average
-0.049%
P25 → P75
-0.189% … +0.095%
Range
-1.969% … +1.703%
Std dev
±0.341%
tf
LONG
OKX(cex)
OKX(cex)- Mark Price
- $0.1119
- Exchange Ticker
- USELESS-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $3.02M
- 24h Vol
- $9.87M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.1119
- Exchange Ticker
- USELESSUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $3.71M
- 24h Vol
- $37.25M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 259 short samples · 2 days · auto-refresh every 30s