USELESS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.151%higher than 27% of spread values(window 1D)
long $0.2846 · short $0.2842(long 3m / short 4m old)
Entry Spread (order book)-0.127%on $10,000
long $0.2854 · short $0.2850(average execution prices, not mark)
market median $0.2844· long +0.1%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 264 samples
Current
-0.151%
27 pct
Median
-0.042%
Average
-0.032%
P25 → P75
-0.154% … +0.097%
Range
-0.846% … +2.196%
Std dev
±0.291%
Size per leg$= $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
Toobit(cex)
Toobit(cex)- Mark Price
- $0.2846
- Exchange Ticker
- USELESS-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $2.14M
- 24h Vol
- $5.07M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.2842
- Exchange Ticker
- USELESS-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +37.26%
- OI
- $1.13M
- 24h Vol
- $1.09M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 233 short samples · 1 day · auto-refresh every 30s