BTC · Convergence Trade
Current Spread (mark)
updated 37s ago-0.053%higher than 86% of spread values(window 1D)
long $77,974.5 · short $77,933.1
Entry Spread (order book)-0.095%on $10,000
long $77,960.9 · short $77,887.04(average execution prices, not mark)
market median $77,969.3· long +0.0%· short -0.0%
⚠ Spread is inverted — Bluefin is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.053%
86 pct
Median
-0.074%
Average
-0.070%
P25 → P75
-0.087% … -0.061%
Range
-0.941% … +0.963%
Std dev
±0.150%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $77,974.5
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -1.35%
- OI
- $178.76M
- 24h Vol
- $31.71M
SHORT
Bluefin(dex)
Bluefin(dex)- Mark Price
- $77,933.1
- Exchange Ticker
- BTC-PERP
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +10.96%
- OI
- $48.47K
- 24h Vol
- $43.21K
283 long / 283 short samples · 2 days · auto-refresh every 30s