WLD · Convergence Trade
Current Spread (mark)
updated 43s ago-0.021%higher than 13% of spread values(window 1D)
long $0.2796 · short $0.2795
Entry Spread (order book)-0.130%on $10,000
long $0.2797 · short $0.2794(average execution prices, not mark)
market median $0.2796· long -0.0%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.021%
13 pct
Median
+0.042%
Average
+0.038%
P25 → P75
+0.009% … +0.070%
Range
-0.313% … +0.271%
Std dev
±0.060%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.2796
- Exchange Ticker
- WLD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -57.27%
- OI
- $29.91M
- 24h Vol
- $10.31M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.2795
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $1.34M
- 24h Vol
- $2.74M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s