BTC · Convergence Trade
Current Spread (mark)
updated 51s ago-0.050%higher than 38% of spread values(window 1D)
long $78,036.9 · short $77,997.9
Entry Spread (order book)-0.084%on $10,000
long $78,032 · short $77,966.18(average execution prices, not mark)
market median $78,034.23· long +0.0%· short -0.0%
⚠ Spread is inverted — Perpl is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.050%
38 pct
Median
-0.045%
Average
-0.045%
P25 → P75
-0.056% … -0.031%
Range
-0.147% … -0.007%
Std dev
±0.019%
tf
LONG
Phemex(cex)
- Mark Price
- $78,036.9
- Exchange Ticker
- BTCUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- -3.49%
- OI
- $178.88M
- 24h Vol
- $31.95M
SHORT
Perpl(dex)
- Mark Price
- $77,997.9
- Exchange Ticker
- BTC
- Taker / Maker
- 0.088% / 0.05%
- Funding APR(43m)
- +36.69%
- OI
- $576.70K
- 24h Vol
- $6.00M
282 long / 282 short samples · 2 days · auto-refresh every 30s