MORPHO · Convergence Trade
Current Spread (mark)
updated 0s ago-0.118%higher than 3% of spread values(window 1D)
long $2.0403 · short $2.0379(long 46s / short 7m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2.0399· long +0.0%· short -0.1%
⚠ Spread is inverted — BloFin is cheaper than N1. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 244 samples
Current
-0.118%
3 pct
Median
+0.085%
Average
+0.081%
P25 → P75
+0.015% … +0.147%
Range
-0.645% … +0.620%
Std dev
±0.127%
Size$
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
N1(dex)
N1(dex)- Mark Price
- $2.0403
- Exchange Ticker
- MORPHO
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- -50.81%
- OI
- $65.01K
- 24h Vol
- $5.62K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $2.0379
- Exchange Ticker
- MORPHO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +16.04%
- OI
- $445.64K
- 24h Vol
- $58.91K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short215 long / 219 short samples · 2 days · auto-refresh every 30s