ETHFI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.431%higher than 2% of spread values(window 1D)
long $0.5504 · short $0.5480(long 3m / short 21s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.5504· long +0.0%· short -0.4%
⚠ Spread is inverted — Hyperliquid is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $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 · 284 samples
Current
-0.431%
2 pct
Median
+0.043%
Average
+0.045%
P25 → P75
-0.028% … +0.118%
Range
-0.738% … +1.222%
Std dev
±0.200%
tf
LONG
Lighter(dex)
- Mark Price
- $0.5504
- Exchange Ticker
- ETHFI-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -44.71%
- OI
- $498.53K
- 24h Vol
- $300.55K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
- Mark Price
- $0.5480
- Exchange Ticker
- ETHFI
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $9.18M
- 24h Vol
- $3.01M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short264 long / 284 short samples · 2 days · auto-refresh every 30s