TAO · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.098%higher than 6% of spread values(window 1D)
long $207.7400 · short $207.5363(long 49s / short 1m old)
Entry Spread (order book)-0.046%on $10,000
long $207.8580 · short $207.7617(average execution prices, not mark)
market median $207.7200· long +0.0%· short -0.1%
⚠ Spread is inverted — Aster is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 282 samples
Current
-0.098%
6 pct
Median
+0.037%
Average
+0.030%
P25 → P75
-0.001% … +0.067%
Range
-0.320% … +0.328%
Std dev
±0.078%
tf
LONG
Phemex(cex)
- Mark Price
- $207.7400
- Exchange Ticker
- TAOUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +4.75%
- OI
- $2.32M
- 24h Vol
- $7.44M
SHORT
Aster(dex)
- Mark Price
- $207.5363
- Exchange Ticker
- TAOUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +10.96%
- OI
- $731.05K
- 24h Vol
- $2.31M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 280 short samples · 2 days · auto-refresh every 30s