VELVET · Convergence Trade
Current Spread (mark)
updated 0s ago-0.038%higher than 38% of spread values(window 1D)
long $0.6119 · short $0.6117(long 2m / short 6m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.6098· long +0.3%· short +0.3%
⚠ Spread is inverted — Bitunix is cheaper than Gate.io. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 248 samples
Current
-0.038%
38 pct
Median
+0.161%
Average
+0.180%
P25 → P75
-0.209% … +0.495%
Range
-5.095% … +7.644%
Std dev
±1.042%
Size$
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
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.6119
- Exchange Ticker
- VELVET_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $4.23M
- 24h Vol
- $12.07M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $0.6117
- Exchange Ticker
- VELVETUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.95%
- 24h Vol
- $9.87M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short186 long / 232 short samples · 2 days · auto-refresh every 30s