FET · Convergence Trade
Current Spread (mark)
updated 1m ago-0.561%higher than 29% of spread values(window 1D)
long $0.1943 · short $0.1932(long 1m / short 1m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.1929· long +0.7%· short +0.1%
⚠ Spread is inverted — BloFin is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 254 samples
Current
-0.561%
29 pct
Median
-0.124%
Average
-0.251%
P25 → P75
-0.737% … +0.361%
Range
-5.607% … +1.833%
Std dev
±1.057%
Size per leg$= $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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.1943
- Exchange Ticker
- FET
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +0.41%
- OI
- $39.59K
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.1932
- Exchange Ticker
- FET-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $1.50M
- 24h Vol
- $1.50M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short236 long / 235 short samples · 2 days · auto-refresh every 30s