ADA · Convergence Trade
Current Spread (mark)
updated 40s ago-0.031%higher than 63% of spread values(window 1D)
long $0.1635 · short $0.1635
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1636· long -0.1%· short -0.1%
⚠ Spread is inverted — Variational is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.031%
63 pct
Median
-0.087%
Average
-0.080%
P25 → P75
-0.134% … -0.029%
Range
-0.439% … +0.154%
Std dev
±0.082%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $0.1635
- Exchange Ticker
- ADAUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -28.46%
- OI
- $36.06M
- 24h Vol
- $9.55M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $0.1635
- Exchange Ticker
- ADA
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -10.92%
- OI
- $2.68M
- 24h Vol
- $386.03K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s