MON · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.343%higher than 13% of spread values(window 1D)
long $0.01603 · short $0.01597(long 2m / short 5m old)
Entry Spread (order book)-0.287%on $10,000
long $0.01598 · short $0.01593(average execution prices, not mark)
market median $0.01599· long +0.2%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-0.343%
13 pct
Median
-0.105%
Average
-0.115%
P25 → P75
-0.228% … +0.000%
Range
-1.145% … +1.030%
Std dev
±0.264%
tf
LONG
Backpack(cex)
Backpack(cex)- Mark Price
- $0.01603
- Exchange Ticker
- MON_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -24.59%
- OI
- $188.27K
- 24h Vol
- $51.01K
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $0.01597
- Exchange Ticker
- MON-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +43.83%
- OI
- $918.68K
- 24h Vol
- $101.61K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short245 long / 254 short samples · 2 days · auto-refresh every 30s