PONS · Convergence Trade
Current Spread (mark)
updated 33s ago-0.046%higher than 46% of spread values(window 1D)
long $0.3360 · short $0.3359
Entry Spread (order book)-0.173%on $10,000
long $0.3359 · short $0.3354(average execution prices, not mark)
market median $0.3361· long -0.0%· short -0.1%
⚠ Spread is inverted — Aster is cheaper than Hyperliquid. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.046%
46 pct
Median
-0.007%
Average
-0.040%
P25 → P75
-0.210% … +0.116%
Range
-1.321% … +1.229%
Std dev
±0.361%
Size per leg$= $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
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $0.3360
- Exchange Ticker
- PONS
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $32.01M
- 24h Vol
- $12.56M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $0.3359
- Exchange Ticker
- PONSUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $903.11K
- 24h Vol
- $970.45K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 262 short samples · 2 days · auto-refresh every 30s