PONS · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.310%higher than 13% of spread values(window 1D)
long $0.1292 · short $0.1288(long 3m / short 3m old)
Entry Spread (order book)-0.643%on $10,000
long $0.1290 · short $0.1282(average execution prices, not mark)
market median $0.1290· long +0.1%· short -0.2%
⚠ Spread is inverted — OKX is cheaper than Gate.io. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-0.310%
13 pct
Median
-0.070%
Average
-0.051%
P25 → P75
-0.225% … +0.075%
Range
-1.342% … +2.034%
Std dev
±0.320%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.1292
- Exchange Ticker
- PONS_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- -100.81%
- OI
- $8.62M
- 24h Vol
- $1.86M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
OKX(cex)
OKX(cex)- Mark Price
- $0.1288
- Exchange Ticker
- PONS-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $5.56M
- 24h Vol
- $15.73M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short253 long / 257 short samples · 2 days · auto-refresh every 30s