WAL · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.172%higher than 69% of spread values(window 1D)
long $0.04664 · short $0.04656(long 2m / short 2m old)
Entry Spread (order book)-0.724%on $10,000
long $0.04684 · short $0.04650(average execution prices, not mark)
market median $0.04643· long +0.5%· short +0.3%
⚠ Spread is inverted — OKX is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.172%
69 pct
Median
-0.312%
Average
-0.362%
P25 → P75
-0.587% … -0.118%
Range
-3.734% … +1.431%
Std dev
±0.548%
Size per leg$= $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
Bybit(cex)
Bybit(cex)- Mark Price
- $0.04664
- Exchange Ticker
- WALUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -129.47%
- OI
- $5.59M
- 24h Vol
- $46.24M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $0.04656
- Exchange Ticker
- WAL-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -160.21%
- OI
- $1.73M
- 24h Vol
- $39.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short258 long / 267 short samples · 2 days · auto-refresh every 30s