MSTR · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.162%higher than 14% of spread values(window 1D)
long $160.9313 · short $160.6700(long 5m / short 5m old)
Entry Spread (order book)-0.045%on $10,000
long $160.9200 · short $160.8479(average execution prices, not mark)
market median $160.6700· long +0.2%· short +0.0%
⚠ Spread is inverted — Lighter is cheaper than QFEX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 233 samples
Current
-0.162%
14 pct
Median
-0.019%
Average
-0.020%
P25 → P75
-0.108% … +0.076%
Range
-0.438% … +0.294%
Std dev
±0.141%
Size per leg$= $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
QFEX(cex)
QFEX(cex)- Mark Price
- $160.9313
- Exchange Ticker
- MSTR-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $712.17K
- 24h Vol
- $306.86K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $160.6700
- Exchange Ticker
- MSTR-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -83.28%
- OI
- $3.44M
- 24h Vol
- $2.37M
233 long / 231 short samples · 1 day · auto-refresh every 30s