XPD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.033%higher than 10% of spread values(window 1D)
long $1,156.08 · short $1,155.7(long 4m / short 5m old)
Entry Spread (order book)-0.375%on $10,000
long $1,158.9 · short $1,154.55(average execution prices, not mark)
market median $1,154.87· long +0.1%· short +0.1%
⚠ Spread is inverted — Hotcoin is cheaper than Gate.io. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.033%
10 pct
Median
-0.011%
Average
-0.008%
P25 → P75
-0.022% … +0.000%
Range
-0.091% … +0.177%
Std dev
±0.028%
Size per leg$= $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
Gate.io(cex)
Gate.io(cex)- Mark Price
- $1,156.08
- Exchange Ticker
- XPD_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +0.00%
- OI
- $804.37K
- 24h Vol
- $36.36K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $1,155.7
- Exchange Ticker
- XPDUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +21.91%
- OI
- $1.10M
- 24h Vol
- $108.53K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short244 long / 257 short samples · 2 days · auto-refresh every 30s