ZORA · Convergence Trade
Current Spread (mark)
updated 1s ago-0.021%higher than 36% of spread values(window 1D)
long $0.004871 · short $0.004870(long 54s / short 17m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.004869· long +0.0%· short +0.0%
⚠ Spread is inverted — OKX is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.021%
36 pct
Median
+0.021%
Average
+0.024%
P25 → P75
-0.041% … +0.103%
Range
-0.837% … +0.777%
Std dev
±0.182%
Size$
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
- $0.004871
- Exchange Ticker
- ZORA
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -33.82%
- OI
- $527.10K
- 24h Vol
- $110.30K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $0.004870
- Exchange Ticker
- ZORA-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $289.73K
- 24h Vol
- $132.91K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 152 short samples · 2 days · auto-refresh every 30s