ERA · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-1.900%higher than 1% of spread values(window 1D)
long $0.06396 · short $0.06274(long 4m / short 5m old)
Entry Spread (order book)-2.940%on $10,000thin book — size does not fully fill
long $0.06499 · short $0.06308(average execution prices, not mark)
market median $0.06395· long +0.0%· short -1.9%
⚠ Spread is inverted — Variational is cheaper than Gate.io. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-1.900%
1 pct
Median
-0.285%
Average
-0.365%
P25 → P75
-0.460% … -0.141%
Range
-2.328% … +0.352%
Std dev
±0.394%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.06396
- Exchange Ticker
- ERA_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -2908.34%
- OI
- $486.05K
- 24h Vol
- $1.81M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Variational(dex)
Variational(dex)- Mark Price
- $0.06274
- Exchange Ticker
- ERA
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $303.92K
- 24h Vol
- $268.57K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short251 long / 253 short samples · 2 days · auto-refresh every 30s