DOGE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.205%higher than 39% of spread values(window 1D)
long $0.08177 · short $0.08160(long 3m / short 3m old)
Entry Spread (order book)venue has no order book (AMM/RFQ) — executable spread not modeled
market median $0.08164· long +0.2%· short -0.0%
⚠ Spread is inverted — Reya is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 274 samples
Current
-0.205%
39 pct
Median
-0.112%
Average
-0.157%
P25 → P75
-0.417% … +0.143%
Range
-1.349% … +0.655%
Std dev
±0.391%
Size per leg$= $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
Phoenix(dex)
- Mark Price
- $0.08177
- Exchange Ticker
- DOGE
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -0.00%
- OI
- $6.22K
SHORT
Reya(dex)
- Mark Price
- $0.08160
- Exchange Ticker
- DOGERUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +24.39%
- OI
- $2.06K
- 24h Vol
- $242.06
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short274 long / 274 short samples · 2 days · auto-refresh every 30s