LINK · Convergence Trade
Current Spread (mark)
updated 49s ago-0.088%higher than 33% of spread values(window 1D)
long $12.2338 · short $12.2230
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $12.2360· long -0.0%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 263 samples
Current
-0.088%
33 pct
Median
+0.054%
Average
+0.096%
P25 → P75
-0.206% … +0.310%
Range
-1.276% … +2.097%
Std dev
±0.477%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
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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
- $12.2338
- Exchange Ticker
- LINK
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +0.07%
- OI
- $17.48K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $12.2230
- Exchange Ticker
- LINK-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.11%
- OI
- $5.53M
- 24h Vol
- $7.51M
263 long / 263 short samples · 1 day · auto-refresh every 30s