XPL · Convergence Trade
Current Spread (mark)
updated 0s ago-0.462%higher than 15% of spread values(window 1D)
long $0.1039 · short $0.1034(long 1m / short 7m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1035· long +0.4%· short -0.0%
⚠ Spread is inverted — Binance Futures is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.462%
15 pct
Median
-0.169%
Average
-0.184%
P25 → P75
-0.339% … +0.021%
Range
-3.446% … +1.093%
Std dev
±0.456%
Size$
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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.1039
- Exchange Ticker
- XPL
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +57.76%
- OI
- $36.70M
- 24h Vol
- $27.39M
SHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.1034
- Exchange Ticker
- XPLUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $38.72M
- 24h Vol
- $104.30M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 228 short samples · 2 days · auto-refresh every 30s