META · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.004%higher than 35% of spread values(window 1D)
long $749.8410 · short $749.8100(long 2m / short 2m old)
Entry Spread (order book)-0.019%on $10,000
long $750.1150 · short $749.9741(average execution prices, not mark)
market median $749.7850· long +0.0%· short +0.0%
⚠ Spread is inverted — Lighter is cheaper than Variational. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 234 samples
Current
-0.004%
35 pct
Median
+0.006%
Average
+0.008%
P25 → P75
-0.010% … +0.028%
Range
-0.044% … +0.062%
Std dev
±0.022%
Size per leg$= $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
- $749.8410
- Exchange Ticker
- META
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +0.00%
- OI
- $2.26M
- 24h Vol
- $968.39K
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
234 long / 232 short samples · 2 days · auto-refresh every 30s