ETH · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3h old-0.454%higher than 5% of spread values(window 1D)
long $2,700.3 · short $2,688.03(long 54s / short 3h old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2,699.87· long +0.0%· short -0.4%
⚠ Spread is inverted — Coinbase International is cheaper than N1. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.454%
5 pct
Median
+0.104%
Average
+0.073%
P25 → P75
+0.044% … +0.170%
Range
-0.708% … +0.697%
Std dev
±0.204%
Size per leg$= $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
N1(dex)
- Mark Price
- $2,700.3
- Exchange Ticker
- ETH
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +3.51%
- OI
- $157.16K
- 24h Vol
- $673.69K
SHORT
Coinbase International(cex)
- Mark Price
- $2,688.03
- Exchange Ticker
- ETH-PERP
- Taker / Maker
- 0.04% / 0.02%
- Funding APR(1h)
- +34.19%
- OI
- $36.82M
- 24h Vol
- $141.58M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 241 short samples · 2 days · auto-refresh every 30s