ARB · Convergence Trade
Current Spread (mark)
updated 54s ago-0.005%higher than 33% of spread values(window 1D)
long $0.1999 · short $0.1999
Entry Spread (order book)-1.376%on $10,000
long $0.2000 · short $0.1972(average execution prices, not mark)
market median $0.1998· long +0.0%· short +0.0%
⚠ Spread is inverted — Crypto.com is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.005%
33 pct
Median
+0.029%
Average
+0.034%
P25 → P75
-0.022% … +0.080%
Range
-0.332% … +0.314%
Std dev
±0.096%
Size per leg$= $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
Phemex(cex)
Phemex(cex)- Mark Price
- $0.1999
- Exchange Ticker
- ARBUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -13.52%
- OI
- $4.41M
- 24h Vol
- $10.46M
SHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.1999
- Exchange Ticker
- ARBUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +38.21%
- OI
- $177.05K
- 24h Vol
- $130.47K
283 long / 283 short samples · 2 days · auto-refresh every 30s