ENA · Convergence Trade
Current Spread (mark)
updated 50s ago-0.016%higher than 32% of spread values(window 1D)
long $0.1271 · short $0.1271
Entry Spread (order book)-0.082%on $10,000
long $0.1272 · short $0.1271(average execution prices, not mark)
market median $0.1271· long -0.0%· short -0.0%
⚠ Spread is inverted — Phemex is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.016%
32 pct
Median
+0.015%
Average
+0.014%
P25 → P75
-0.037% … +0.054%
Range
-0.268% … +0.497%
Std dev
±0.076%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1271
- Exchange Ticker
- ENAUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- -18.07%
- OI
- $44.90M
- 24h Vol
- $76.50M
SHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.1271
- Exchange Ticker
- ENAUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.95M
- 24h Vol
- $6.90M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s