ENA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.149%higher than 1% of spread values(window 1D)
long $0.2621 · short $0.2617(long 1m / short 46s old)
Entry Spread (order book)-1.607%on $10,000
long $0.2622 · short $0.2579(average execution prices, not mark)
market median $0.2615· long +0.2%· short +0.1%
⚠ Spread is inverted — Lighter is cheaper than Hotcoin. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.149%
1 pct
Median
+0.147%
Average
+0.144%
P25 → P75
+0.097% … +0.193%
Range
-0.361% … +0.620%
Std dev
±0.106%
Size per leg$= $20,000 total
chart range
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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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $0.2621
- Exchange Ticker
- ENAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +12.05%
- OI
- $9.96M
- 24h Vol
- $41.97M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $0.2617
- Exchange Ticker
- ENA-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $6.97M
- 24h Vol
- $17.36M
284 long / 284 short samples · 2 days · auto-refresh every 30s