PENDLE · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.045%higher than 33% of spread values(window 1D)
long $2.4644 · short $2.4633(long 1m / short 1m old)
Entry Spread (order book)venue has no order book (AMM/RFQ) — executable spread not modeled
market median $2.4650· long -0.0%· short -0.1%
⚠ Spread is inverted — Reya is cheaper than ApeX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 242 samples
Current
-0.045%
33 pct
Median
-0.011%
Average
-0.015%
P25 → P75
-0.055% … +0.022%
Range
-0.824% … +1.107%
Std dev
±0.138%
Size per leg$= $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
ApeX(dex)
ApeX(dex)- Mark Price
- $2.4644
- Exchange Ticker
- PENDLE-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- -18.68%
- OI
- $88.65K
- 24h Vol
- $363.13K
SHORT
Reya(dex)
Reya(dex)- Mark Price
- $2.4633
- Exchange Ticker
- PENDLERUSDPERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +30.10%
- OI
- $2.89K
- 24h Vol
- $578.62
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short234 long / 235 short samples · 2 days · auto-refresh every 30s