ADA · Convergence Trade
Current Spread (mark)
updated 56s ago-0.002%higher than 69% of spread values(window 1D)
long $0.1926 · short $0.1926
Entry Spread (order book)-0.016%on $10,000
long $0.1926 · short $0.1926(average execution prices, not mark)
market median $0.1928· long -0.1%· short -0.1%
⚠ Spread is inverted — Extended is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.002%
69 pct
Median
-0.029%
Average
-0.036%
P25 → P75
-0.062% … +0.013%
Range
-0.587% … +0.292%
Std dev
±0.099%
tf
LONG
Backpack(cex)
Backpack(cex)- Mark Price
- $0.1926
- Exchange Ticker
- ADA_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -56.13%
- OI
- $229.71K
- 24h Vol
- $329.84K
SHORT
Extended(dex)
Extended(dex)- Mark Price
- $0.1926
- Exchange Ticker
- ADA-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +11.40%
- OI
- $323.82K
- 24h Vol
- $1.72M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 276 short samples · 2 days · auto-refresh every 30s