VELVET · Convergence Trade
Current Spread (mark)
updated 0s ago-1.104%higher than 7% of spread values(window 1D)
long $1.0483 · short $1.0367(long 12m / short 2m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $1.0350· long +1.3%· short +0.2%
⚠ Spread is inverted — Bybit is cheaper than Bitunix. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 282 samples
Current
-1.104%
7 pct
Median
-0.078%
Average
-0.105%
P25 → P75
-0.408% … +0.296%
Range
-9.326% … +3.067%
Std dev
±1.085%
Size$
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
Bitunix(cex)
Bitunix(cex)- Mark Price
- $1.0483
- Exchange Ticker
- VELVETUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +138.40%
- 24h Vol
- $11.72M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $1.0367
- Exchange Ticker
- VELVETUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +78.61%
- OI
- $4.82M
- 24h Vol
- $34.83M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short277 long / 230 short samples · 2 days · auto-refresh every 30s