ETH · Convergence Trade
Current Spread (mark)
updated 41s ago-0.135%higher than 3% of spread values(window 1D)
long $2,436.88 · short $2,433.6
Entry Spread (order book)-0.121%on $10,000
long $2,438.01 · short $2,435.05(average execution prices, not mark)
market median $2,437.32· long -0.0%· short -0.2%
⚠ Spread is inverted — Backpack is cheaper than Pacifica. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.135%
3 pct
Median
-0.096%
Average
-0.097%
P25 → P75
-0.108% … -0.086%
Range
-0.174% … -0.033%
Std dev
±0.019%
Size per leg$= $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
Pacifica(dex)
Pacifica(dex)- Mark Price
- $2,436.88
- Exchange Ticker
- ETH
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $17.23M
- 24h Vol
- $166.12M
SHORT
Backpack(cex)
Backpack(cex)- Mark Price
- $2,433.6
- Exchange Ticker
- ETH_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +10.96%
- OI
- $10.85M
- 24h Vol
- $35.75M
285 long / 285 short samples · 2 days · auto-refresh every 30s