OP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.049%higher than 30% of spread values(window 1D)
long $0.1236 · short $0.1235(long 3m / short 3m old)
Entry Spread (order book)venue has no order book (AMM/RFQ) — executable spread not modeled
market median $0.1234· long +0.1%· short +0.0%
⚠ Spread is inverted — Reya is cheaper than Backpack. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 235 samples
Current
-0.049%
30 pct
Median
-0.028%
Average
-0.022%
P25 → P75
-0.055% … +0.006%
Range
-0.364% … +0.340%
Std dev
±0.058%
Size per leg$= $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
Backpack(cex)
Backpack(cex)- Mark Price
- $0.1236
- Exchange Ticker
- OP_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -135.48%
- OI
- $72.46K
- 24h Vol
- $277.33K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Reya(dex)
Reya(dex)- Mark Price
- $0.1235
- Exchange Ticker
- OPRUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +52.42%
- OI
- $686.64
- 24h Vol
- $0.00
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 235 short samples · 2 days · auto-refresh every 30s