PONS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.140%higher than 29% of spread values(window 1D)
long $0.1289 · short $0.1287(long 2m / short 4m old)
Entry Spread (order book)-0.639%on $10,000
long $0.1295 · short $0.1286(average execution prices, not mark)
market median $0.1289· long +0.0%· short -0.1%
⚠ Spread is inverted — Bitget is cheaper than Gate.io. Convergence trade only profits with positive spread.
Size per leg$= $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 · 278 samples
Current
-0.140%
29 pct
Median
-0.050%
Average
-0.043%
P25 → P75
-0.166% … +0.072%
Range
-1.341% … +1.771%
Std dev
±0.326%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.1289
- Exchange Ticker
- PONS_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -99.27%
- OI
- $8.63M
- 24h Vol
- $1.87M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $0.1287
- Exchange Ticker
- PONSUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $1.49M
- 24h Vol
- $1.88M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 249 short samples · 2 days · auto-refresh every 30s