1000PEPE · Convergence Trade
Current Spread (mark)
updated 50s ago-0.186%higher than 6% of spread values(window 1D)
long $0.004293 · short $0.004285
Entry Spread (order book)-0.081%on $10,000
long $0.004288 · short $0.004284(average execution prices, not mark)
market median $0.004289· long +0.1%· short -0.1%
⚠ Spread is inverted — RiseX is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 285 samples
Current
-0.186%
6 pct
Median
-0.034%
Average
-0.029%
P25 → P75
-0.088% … +0.021%
Range
-0.913% … +1.138%
Std dev
±0.145%
tf
LONG
Phemex(cex)
- Mark Price
- $0.004293
- Exchange Ticker
- u1000PEPEUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -23.47%
- OI
- $2.13M
- 24h Vol
- $5.73M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
RiseX(dex)
- Mark Price
- $0.004285
- Exchange Ticker
- 1000PEPE-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +45.14%
- OI
- $16.33K
- 24h Vol
- $226.84K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s