MORPHO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.056%higher than 16% of spread values(window 1D)
long $2.1457 · short $2.1445(long 2m / short 2m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2.1470· long -0.1%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than TxFlow. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 248 samples
Current
-0.056%
16 pct
Median
+0.014%
Average
+0.016%
P25 → P75
-0.023% … +0.057%
Range
-0.634% … +0.539%
Std dev
±0.124%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
TxFlow(dex)
- Mark Price
- $2.1457
- Exchange Ticker
- MORPHO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -135.74%
- OI
- $255.15K
- 24h Vol
- $116.39K
SHORT
BloFin(cex)
- Mark Price
- $2.1445
- Exchange Ticker
- MORPHO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +23.21%
- OI
- $527.54K
- 24h Vol
- $93.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short224 long / 218 short samples · 2 days · auto-refresh every 30s