ETH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.054%higher than 41% of spread values(window 1D)
long $2,450.52 · short $2,449.2(long 1m / short 36s old)
Entry Spread (order book)+0.011%on $10,000
long $2,450.92 · short $2,451.2(average execution prices, not mark)
market median $2,452.88· long -0.1%· short -0.2%
⚠ Spread is inverted — Variational is cheaper than Paradex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.054%
41 pct
Median
-0.044%
Average
-0.047%
P25 → P75
-0.085% … -0.007%
Range
-0.431% … +0.304%
Std dev
±0.076%
Size per leg$= $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
Paradex(dex)
Paradex(dex)- Mark Price
- $2,450.52
- Exchange Ticker
- ETH-USD-PERP
- Taker / Maker
- 0.0075% / 0%
- Funding APR(8h)
- +9.23%
- OI
- $1.70M
- 24h Vol
- $3.21M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $2,449.2
- Exchange Ticker
- ETH
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +8.20%
- OI
- $148.25M
- 24h Vol
- $429.69M
285 long / 283 short samples · 2 days · auto-refresh every 30s