META · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.022%higher than 34% of spread values(window 1D)
long $749.9758 · short $749.8100(long 4m / short 5m old)
Entry Spread (order book)-0.010%on $10,000
long $750.1500 · short $750.0736(average execution prices, not mark)
market median $749.7850· long +0.0%· short +0.0%
⚠ Spread is inverted — Lighter is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 257 samples
Current
-0.022%
34 pct
Median
-0.006%
Average
-0.007%
P25 → P75
-0.028% … +0.016%
Range
-0.112% … +0.059%
Std dev
±0.028%
Size per leg$= $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
Pionex(cex)
Pionex(cex)- Mark Price
- $749.9758
- Exchange Ticker
- METAX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +1.44%
- OI
- $531.37K
- 24h Vol
- $848.78K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $749.8100
- Exchange Ticker
- META-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -9.64%
- OI
- $1.97M
- 24h Vol
- $2.21M
231 long / 231 short samples · 1 day · auto-refresh every 30s