ONDO · Convergence Trade
Current Spread (mark)
updated 23s ago-0.050%higher than 19% of spread values(window 1D)
long $0.5000 · short $0.4998
Entry Spread (order book)-0.140%on $10,000
long $0.5003 · short $0.4996(average execution prices, not mark)
market median $0.4998· long +0.1%· short +0.0%
⚠ Spread is inverted — BloFin is cheaper than Variational. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.050%
19 pct
Median
+0.049%
Average
+0.034%
P25 → P75
-0.029% … +0.108%
Range
-1.350% … +0.476%
Std dev
±0.158%
Size per leg$= $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
Variational(dex)
- Mark Price
- $0.5000
- Exchange Ticker
- ONDO
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $1.51M
- 24h Vol
- $1.75M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
- Mark Price
- $0.4998
- Exchange Ticker
- ONDO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -21.91%
- OI
- $3.84M
- 24h Vol
- $2.65M
285 long / 285 short samples · 2 days · auto-refresh every 30s