PENDLE · Convergence Trade
Current Spread (mark)
updated 1s ago-0.142%higher than 4% of spread values(window 1D)
long $1.2716 · short $1.2698(long 7m / short 9m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $1.2703· long +0.1%· short -0.0%
⚠ Spread is inverted — Bitunix is cheaper than Lighter. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 267 samples
Current
-0.142%
4 pct
Median
+0.047%
Average
+0.048%
P25 → P75
+0.024% … +0.070%
Range
-0.564% … +0.804%
Std dev
±0.107%
Size$
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
Lighter(dex)
Lighter(dex)- Mark Price
- $1.2716
- Exchange Ticker
- PENDLE-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.51%
- OI
- $236.69K
- 24h Vol
- $156.28K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitunix(cex)
Bitunix(cex)- Mark Price
- $1.2698
- Exchange Ticker
- PENDLEUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +24.56%
- 24h Vol
- $304.54K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short221 long / 247 short samples · 2 days · auto-refresh every 30s