BABA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.009%higher than 17% of spread values(window 1D)
long $93.8081 · short $93.8000(long 4m / short 2m old)
Entry Spread (order book)-0.056%on $10,000
long $93.8190 · short $93.7662(average execution prices, not mark)
market median $93.8800· long -0.1%· short -0.1%
⚠ Spread is inverted — Lighter Robinhood is cheaper than QFEX. Convergence trade only profits with positive spread.
Size per leg$= $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 · 278 samples
Current
-0.009%
17 pct
Median
+0.043%
Average
+0.056%
P25 → P75
+0.005% … +0.094%
Range
-0.209% … +0.459%
Std dev
±0.081%
tf
LONG
QFEX(dex)
QFEX(dex)- Mark Price
- $93.8081
- Exchange Ticker
- BABA-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $499.81K
- 24h Vol
- $2.91M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $93.8000
- Exchange Ticker
- BABA-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $585.02K
- 24h Vol
- $653.22K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short255 long / 238 short samples · 2 days · auto-refresh every 30s