SPY · Convergence Trade
Current Spread (mark)
updated 22s ago-0.102%higher than 34% of spread values(window 1D)
long $751.3000 · short $750.5300
Entry Spread (order book)-0.860%on $10,000
long $756.9779 · short $750.4705(average execution prices, not mark)
market median $751.9250· long -0.1%· short -0.2%
⚠ Spread is inverted — Ondo is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.102%
34 pct
Median
-0.076%
Average
-0.061%
P25 → P75
-0.109% … -0.016%
Range
-0.152% … +0.194%
Std dev
±0.057%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $751.3000
- Exchange Ticker
- SPY-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $12.95M
- 24h Vol
- $24.56M
SHORT
Ondo(dex)
Ondo(dex)- Mark Price
- $750.5300
- Exchange Ticker
- SPY-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $2.69M
- 24h Vol
- $1.21M
279 long / 269 short samples · 2 days · auto-refresh every 30s