GRAM · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.041%higher than 3% of spread values(window 1D)
long $1.6310 · short $1.6303(long 5m / short 5m old)
Entry Spread (order book)-0.689%on $10,000
long $1.6418 · short $1.6304(average execution prices, not mark)
market median $1.6310· long +0.0%· short -0.0%
⚠ Spread is inverted — Lighter is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 235 samples
Current
-0.041%
3 pct
Median
+0.120%
Average
+0.122%
P25 → P75
+0.064% … +0.182%
Range
-0.928% … +0.655%
Std dev
±0.125%
Size per leg$= $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
Phemex(cex)
Phemex(cex)- Mark Price
- $1.6310
- Exchange Ticker
- GRAMUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $1.82M
- 24h Vol
- $2.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $1.6303
- Exchange Ticker
- GRAM-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +12.27%
- OI
- $3.24M
- 24h Vol
- $4.05M
233 long / 231 short samples · 1 day · auto-refresh every 30s