MSTR · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.074%higher than 51% of spread values(window 1D)
long $107.5692 · short $107.4900(long 4m / short 34s old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $107.5700· long -0.0%· short -0.1%
⚠ Spread is inverted — Lighter is cheaper than Pionex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.074%
51 pct
Median
-0.075%
Average
-0.076%
P25 → P75
-0.109% … -0.040%
Range
-0.341% … +0.438%
Std dev
±0.078%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $107.5692
- Exchange Ticker
- MSTRX_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +2.41%
- OI
- $3.37M
- 24h Vol
- $9.82M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $107.4900
- Exchange Ticker
- MSTR-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $772.60K
- 24h Vol
- $2.20M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 282 short samples · 2 days · auto-refresh every 30s