ONDO · Convergence Trade
Current Spread (mark)
updated 1m ago-1.218%higher than 1% of spread values(window 1D)
long $0.5008 · short $0.4946(long 27s / short 1m old)
Entry Spread (order book)-0.485%on $10,000
long $0.4935 · short $0.4911(average execution prices, not mark)
market median $0.4927· long +1.6%· short +0.4%
⚠ Spread is inverted — HTX is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-1.218%
1 pct
Median
+0.233%
Average
+0.318%
P25 → P75
-0.028% … +0.641%
Range
-1.263% … +2.144%
Std dev
±0.593%
Size per leg$= $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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.5008
- Exchange Ticker
- ONDO
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -0.07%
- OI
- $40.99K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
HTX(cex)
HTX(cex)- Mark Price
- $0.4946
- Exchange Ticker
- ONDO-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $243.45K
- 24h Vol
- $168.58K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s