LINK · Convergence Trade
Current Spread (mark)
updated 1m ago-0.079%higher than 32% of spread values(window 1D)
long $11.3580 · short $11.3490(long 35s / short 1m old)
Entry Spread (order book)-0.002%on $10,000
long $11.3512 · short $11.3510(average execution prices, not mark)
market median $11.3720· long -0.1%· short -0.2%
⚠ Spread is inverted — Crypto.com is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $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 · 285 samples
Current
-0.079%
32 pct
Median
-0.043%
Average
-0.038%
P25 → P75
-0.095% … +0.017%
Range
-0.244% … +0.377%
Std dev
±0.080%
tf
LONG
Backpack(cex)
Backpack(cex)- Mark Price
- $11.3580
- Exchange Ticker
- LINK_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +10.85%
- OI
- $225.82K
- 24h Vol
- $1.16M
SHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $11.3490
- Exchange Ticker
- LINKUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +47.31%
- OI
- $199.11K
- 24h Vol
- $345.57K
285 long / 285 short samples · 2 days · auto-refresh every 30s