AVAX · Convergence Trade
Current Spread (mark)
updated 38s ago-0.019%higher than 25% of spread values(window 1D)
long $8.0155 · short $8.0140
Entry Spread (order book)-0.082%on $10,000
long $8.0172 · short $8.0106(average execution prices, not mark)
market median $8.0158· long -0.0%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.019%
25 pct
Median
+0.009%
Average
+0.011%
P25 → P75
-0.019% … +0.036%
Range
-0.167% … +0.204%
Std dev
±0.048%
tf
LONG
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $8.0155
- Exchange Ticker
- AVAX
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -21.78%
- OI
- $25.19M
- 24h Vol
- $13.63M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $8.0140
- Exchange Ticker
- AVAXUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -14.09%
- OI
- $23.53M
- 24h Vol
- $3.86M
283 long / 283 short samples · 2 days · auto-refresh every 30s