MORPHO · Convergence Trade
Current Spread (mark)
updated 0s ago-0.007%higher than 6% of spread values(window 7D)
long $2.1132 · short $2.1131(long 5m / short 2s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $2.1150· long -0.1%· short -0.1%
⚠ Spread is inverted — Lighter is cheaper than TxFlow. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 7d · 1,846 samples
Current
-0.007%
6 pct
Median
+0.255%
Average
+0.254%
P25 → P75
+0.176% … +0.331%
Range
-1.721% … +1.135%
Std dev
±0.204%
Size$
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
TxFlow(dex)
- Mark Price
- $2.1132
- Exchange Ticker
- MORPHO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $16.27K
- 24h Vol
- $74.36K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter(dex)
- Mark Price
- $2.1131
- Exchange Ticker
- MORPHO-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.51%
- OI
- $330.43K
- 24h Vol
- $78.10K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1492 long / 1593 short samples · 8 days · auto-refresh every 30s