AVAX · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 10m old-0.090%higher than 13% of spread values(window 1D)
long $10.2340 · short $10.2248(long 10m / short 10m old)
Entry Spread (order book)venue has no order book (AMM/RFQ) — executable spread not modeled
market median $10.2340· long +0.0%· short -0.1%
⚠ Spread is inverted — Reya is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.090%
13 pct
Median
-0.068%
Average
-0.067%
P25 → P75
-0.083% … -0.052%
Range
-0.193% … +0.059%
Std dev
±0.028%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
Backpack(cex)
Backpack(cex)- Mark Price
- $10.2340
- Exchange Ticker
- AVAX_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -60.71%
- OI
- $385.78K
- 24h Vol
- $811.27K
SHORT
Reya(dex)
Reya(dex)- Mark Price
- $10.2248
- Exchange Ticker
- AVAXRUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +25.31%
- OI
- $549.07
- 24h Vol
- $163.39
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 280 short samples · 2 days · auto-refresh every 30s