WLD · Convergence Trade
Current Spread (mark)
updated 47s ago-0.071%higher than 4% of spread values(window 1D)
long $0.2797 · short $0.2795
Entry Spread (order book)-0.167%on $10,000
long $0.2799 · short $0.2794(average execution prices, not mark)
market median $0.2797· long +0.0%· short -0.1%
⚠ Spread is inverted — Phemex is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.071%
4 pct
Median
+0.014%
Average
+0.015%
P25 → P75
-0.015% … +0.042%
Range
-0.178% … +0.354%
Std dev
±0.056%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $0.2797
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -36.11%
- OI
- $53.43M
- 24h Vol
- $94.16M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Phemex(cex)
Phemex(cex)- Mark Price
- $0.2795
- Exchange Ticker
- WLDUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $1.34M
- 24h Vol
- $2.74M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s