OPENAI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-7.534%higher than 68% of spread values(window 1D)
long $1,378.25 · short $1,274.41(long 2m / short 3m old)
Entry Spread (order book)-7.624%on $10,000
long $1,379.26 · short $1,274.1(average execution prices, not mark)
market median $1,299.79· long +6.0%· short -2.0%leg is an outlier vs market
⚠ Spread is inverted — QFEX is cheaper than Lighter Robinhood. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-7.534%
68 pct
Median
-7.576%
Average
-7.565%
P25 → P75
-7.649% … -7.499%
Range
-7.984% … -6.804%
Std dev
±0.149%
tf
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $1,378.25
- Exchange Ticker
- OPENAI-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +0.00%
- OI
- $3.24M
- 24h Vol
- $8.32M
SHORT
QFEX(dex)
QFEX(dex)- Mark Price
- $1,274.41
- Exchange Ticker
- OPENAI-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.21%
- OI
- $848.48K
- 24h Vol
- $1.03M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short259 long / 256 short samples · 2 days · auto-refresh every 30s