NBIS · Convergence Trade
Current Spread (mark)
updated 11s ago-0.046%higher than 1% of spread values(window 1D)
long $238.2800 · short $238.1700
Entry Spread (order book)-0.482%on $10,000
long $239.3610 · short $238.2061(average execution prices, not mark)
market median $238.0500· long +0.1%· short +0.1%
⚠ Spread is inverted — Lighter is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 237 samples
Current
-0.046%
1 pct
Median
+0.033%
Average
+0.036%
P25 → P75
+0.017% … +0.050%
Range
-0.091% … +0.417%
Std dev
±0.044%
Size per leg$= $20,000 total
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
Phemex(cex)
Phemex(cex)- Mark Price
- $238.2800
- Exchange Ticker
- NBISUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $1.53M
- 24h Vol
- $362.08K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $238.1700
- Exchange Ticker
- NBIS-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -198.11%
- OI
- $1.04M
- 24h Vol
- $651.43K
235 long / 233 short samples · 1 day · auto-refresh every 30s