SNDK · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.030%higher than 10% of spread values(window 1D)
long $1,773.57 · short $1,773.03(long 3m / short 3m old)
Entry Spread (order book)-0.029%on $10,000
long $1,773.31 · short $1,772.79(average execution prices, not mark)
market median $1,773.35· long +0.0%· short -0.0%
⚠ Spread is inverted — Lighter is cheaper than QFEX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.030%
10 pct
Median
+0.035%
Average
+0.028%
P25 → P75
+0.001% … +0.069%
Range
-0.363% … +0.307%
Std dev
±0.082%
Size per leg$= $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
QFEX(cex)
QFEX(cex)- Mark Price
- $1,773.57
- Exchange Ticker
- SNDK-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +0.00%
- OI
- $855.59K
- 24h Vol
- $4.74M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $1,773.03
- Exchange Ticker
- SNDK-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -99.06%
- OI
- $3.14M
- 24h Vol
- $5.39M
278 long / 276 short samples · 2 days · auto-refresh every 30s