ETH · Convergence Trade
Current Spread (mark)
updated 1m ago-0.101%higher than 28% of spread values(window 1D)
long $2,706.8 · short $2,704.06(long 17s / short 1m old)
Entry Spread (order book)-0.332%on $10,000
long $2,711.45 · short $2,702.46(average execution prices, not mark)
market median $2,704.96· long +0.1%· short -0.0%
⚠ Spread is inverted — WOOFi Pro is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.101%
28 pct
Median
+0.023%
Average
-0.040%
P25 → P75
-0.136% … +0.154%
Range
-1.485% … +1.493%
Std dev
±0.393%
Size per leg$= $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
Phoenix(dex)
- Mark Price
- $2,706.8
- Exchange Ticker
- ETH
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +1.94%
- OI
- $934.85K
SHORT
WOOFi Pro(dex)
- Mark Price
- $2,704.06
- Exchange Ticker
- PERP_ETH_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $7.97M
- 24h Vol
- $69.65M
285 long / 285 short samples · 2 days · auto-refresh every 30s