FET · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.230%higher than 43% of spread values(window 1D)
long $0.2305 · short $0.2300(long 3m / short 5m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.2297· long +0.4%· short +0.1%
⚠ Spread is inverted — Crypto.com is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.230%
43 pct
Median
-0.102%
Average
-0.100%
P25 → P75
-0.719% … +0.486%
Range
-4.102% … +3.728%
Std dev
±1.049%
Size per leg$= $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)
Phoenix(dex)- Mark Price
- $0.2305
- Exchange Ticker
- FET
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +0.23%
- OI
- $47.16K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.2300
- Exchange Ticker
- FETUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +55.16%
- OI
- $3.56K
- 24h Vol
- $1.49K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short256 long / 253 short samples · 2 days · auto-refresh every 30s