ZEN · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.366%higher than 4% of spread values(window 1D)
long $7.9120 · short $7.8830(long 4m / short 5m old)
Entry Spread (order book)-0.414%on $10,000
long $7.8478 · short $7.8153(average execution prices, not mark)
market median $7.9075· long +0.1%· short -0.3%
⚠ Spread is inverted — Bybit is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 264 samples
Current
-0.366%
4 pct
Median
-0.055%
Average
-0.058%
P25 → P75
-0.108% … +0.008%
Range
-0.979% … +0.750%
Std dev
±0.168%
Size per leg$= $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
Pionex(cex)
Pionex(cex)- Mark Price
- $7.9120
- Exchange Ticker
- ZEN_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $112.35K
- 24h Vol
- $182.98K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $7.8830
- Exchange Ticker
- ZENUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $4.71M
- 24h Vol
- $4.02M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short230 long / 234 short samples · 2 days · auto-refresh every 30s