PENGU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 7m old-0.306%higher than 3% of spread values(window 1D)
long $0.01013 · short $0.01010(long 6m / short 7m old)
Entry Spread (order book)-0.119%on $10,000
long $0.01033 · short $0.01031(average execution prices, not mark)
market median $0.01013· long +0.0%· short -0.3%
⚠ Spread is inverted — BloFin is cheaper than MEXC. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 259 samples
Current
-0.306%
3 pct
Median
-0.010%
Average
-0.013%
P25 → P75
-0.090% … +0.049%
Range
-0.758% … +0.626%
Std dev
±0.176%
Size per leg$= $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
MEXC(cex)
- Mark Price
- $0.01013
- Exchange Ticker
- PENGU_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $27.73M
- 24h Vol
- $12.19M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
BloFin(cex)
- Mark Price
- $0.01010
- Exchange Ticker
- PENGU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +37.26%
- OI
- $1.62M
- 24h Vol
- $2.61M
231 long / 231 short samples · 1 day · auto-refresh every 30s