SNDK · Convergence Trade
Current Spread (mark)
updated 51s ago-0.057%higher than 54% of spread values(window 1D)
long $865.9100 · short $865.4200
Entry Spread (order book)+6.093%on $10,000
long $866.3776 · short $919.1648(average execution prices, not mark)
market median $865.9300· long -0.0%· short -0.1%
⚠ Spread is inverted — Lighter is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 283 samples
Current
-0.057%
54 pct
Median
-0.059%
Average
-0.074%
P25 → P75
-0.104% … -0.026%
Range
-1.080% … +0.240%
Std dev
±0.110%
tf
LONG
Phemex(cex)
- Mark Price
- $865.9100
- Exchange Ticker
- SNDKUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +0.00%
- OI
- $2.29M
- 24h Vol
- $1.60M
SHORT
Lighter(dex)
- Mark Price
- $865.4200
- Exchange Ticker
- SNDK-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $2.72M
- 24h Vol
- $13.16M
283 long / 283 short samples · 2 days · auto-refresh every 30s