LIT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.061%
long $3.5964 · short $3.5942(long 18s / short 2m old)
Entry Spread (order book)-0.071%on $10,000
long $3.5989 · short $3.5964(average execution prices, not mark)
market median $3.5980· long -0.0%· short -0.1%
⚠ Spread is inverted — Binance Futures is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.061%
0 pct
Median
+0.035%
Average
+0.039%
P25 → P75
+0.017% … +0.059%
Range
-0.147% … +0.236%
Std dev
±0.040%
Size per leg$= $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
Backpack(cex)
Backpack(cex)- Mark Price
- $3.5964
- Exchange Ticker
- LIT_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +10.96%
- OI
- $586.24K
- 24h Vol
- $50.07K
SHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $3.5942
- Exchange Ticker
- LITUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $56.69M
- 24h Vol
- $30.08M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 284 short samples · 2 days · auto-refresh every 30s