META · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.007%higher than 26% of spread values(window 1D)
long $647.5185 · short $647.4700(long 5m / short 4m old)
Entry Spread (order book)-0.035%on $10,000
long $647.5750 · short $647.3500(average execution prices, not mark)
market median $647.4700· long +0.0%· short +0.0%
⚠ Spread is inverted — Hotcoin is cheaper than Variational. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 240 samples
Current
-0.007%
26 pct
Median
+0.007%
Average
+0.014%
P25 → P75
-0.008% … +0.031%
Range
-0.427% … +0.679%
Std dev
±0.076%
Size per leg$= $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
Variational(dex)
Variational(dex)- Mark Price
- $647.5185
- Exchange Ticker
- META
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $2.45M
- 24h Vol
- $586.70K
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $647.4700
- Exchange Ticker
- METAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $7.96M
225 long / 224 short samples · 2 days · auto-refresh every 30s