BRENT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.076%higher than 1% of spread values(window 1D)
long $98.6454 · short $98.5700(long 5m / short 36s old)
Entry Spread (order book)-0.020%on $10,000
long $98.5500 · short $98.5300(average execution prices, not mark)
market median $98.5950· long +0.1%· short -0.0%
⚠ Spread is inverted — Lighter is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.076%
1 pct
Median
+0.006%
Average
+0.005%
P25 → P75
-0.034% … +0.043%
Range
-0.163% … +0.207%
Std dev
±0.046%
Size per leg$= $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
Pionex(cex)
Pionex(cex)- Mark Price
- $98.6454
- Exchange Ticker
- BRENTOIL_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.02%
- OI
- $2.50M
- 24h Vol
- $2.02M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $98.5700
- Exchange Ticker
- BRENTOIL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $4.25M
- 24h Vol
- $3.48M
280 long / 278 short samples · 1 day · auto-refresh every 30s