CHIP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-1.301%higher than 5% of spread values(window 1D)
long $0.03036 · short $0.02996(long 7m / short 4s old)
Entry Spread (order book)-0.560%on $10,000
long $0.03008 · short $0.02991(average execution prices, not mark)
market median $0.03001· long +1.2%· short -0.1%
⚠ Spread is inverted — Variational is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $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 · 266 samples
Current
-1.301%
5 pct
Median
-0.258%
Average
-0.251%
P25 → P75
-0.633% … +0.122%
Range
-2.218% … +2.392%
Std dev
±0.660%
tf
LONG
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.03036
- Exchange Ticker
- CHIP
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -86.62%
- OI
- $17.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Variational(dex)
Variational(dex)- Mark Price
- $0.02996
- Exchange Ticker
- CHIP
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $390.99K
- 24h Vol
- $194.76K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short144 long / 252 short samples · 2 days · auto-refresh every 30s