FOLKS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.224%higher than 88% of spread values(window 1D)
long $2.4966 · short $2.4910(long 48s / short 5m old)
Entry Spread (order book)-2.947%on $10,000
long $2.5493 · short $2.4742(average execution prices, not mark)
market median $2.4880· long +0.3%· short +0.1%
⚠ Spread is inverted — Gate.io is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 272 samples
Current
-0.224%
88 pct
Median
-0.439%
Average
-0.432%
P25 → P75
-0.551% … -0.326%
Range
-1.113% … +2.003%
Std dev
±0.271%
Size per leg$= $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
Lighter(dex)
Lighter(dex)- Mark Price
- $2.4966
- Exchange Ticker
- FOLKS-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $84.72K
- 24h Vol
- $7.40K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $2.4910
- Exchange Ticker
- FOLKS_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- +10.96%
- OI
- $260.63K
- 24h Vol
- $287.14K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short233 long / 217 short samples · 2 days · auto-refresh every 30s