WLD · Convergence Trade
Current Spread (mark)
updated 12s ago-0.417%higher than 28% of spread values(window 7D)
long $0.5776 · short $0.5752
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.5755· long +0.4%· short -0.1%
⚠ Spread is inverted — Lighter is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 7d · 1,982 samples
Current
-0.417%
28 pct
Median
+0.049%
Average
+0.107%
P25 → P75
-0.529% … +0.672%
Range
-5.795% … +5.827%
Std dev
±1.213%
Size per leg$= $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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $0.5776
- Exchange Ticker
- WLD
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +0.29%
- OI
- $177.46K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $0.5752
- Exchange Ticker
- WLD-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +52.60%
- OI
- $8.73M
- 24h Vol
- $4.62M
1977 long / 1971 short samples · 8 days · auto-refresh every 30s