HOOD · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.081%higher than 33% of spread values(window 1D)
long $111.4900 · short $111.4000(long 3m / short 1m old)
Entry Spread (order book)-0.686%on $10,000thin book — size does not fully fill
long $112.1343 · short $111.3650(average execution prices, not mark)
market median $111.4870· long +0.0%· short -0.1%
⚠ Spread is inverted — Arcus is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.081%
33 pct
Median
-0.070%
Average
-0.059%
P25 → P75
-0.098% … -0.026%
Range
-0.557% … +0.568%
Std dev
±0.106%
Size per leg$= $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
Phemex(cex)
Phemex(cex)- Mark Price
- $111.4900
- Exchange Ticker
- HOODUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $923.05K
- 24h Vol
- $6.48K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Arcus(dex)
Arcus(dex)- Mark Price
- $111.4000
- Exchange Ticker
- HOOD-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +46.96%
- OI
- $1.49M
- 24h Vol
- $3.88M
258 long / 262 short samples · 2 days · auto-refresh every 30s