WLD · Convergence Trade
Current Spread (mark)
updated 19s ago-0.116%higher than 37% of spread values(window 1D)
long $0.5776 · short $0.5769
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.5764· long +0.2%· short +0.1%
⚠ Spread is inverted — Lighter is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.116%
37 pct
Median
+0.119%
Average
+0.336%
P25 → P75
-0.299% … +0.729%
Range
-2.971% … +4.803%
Std dev
±1.123%
Size per leg$= $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
- $177.66K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $0.5769
- Exchange Ticker
- WLD-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +52.60%
- OI
- $8.75M
- 24h Vol
- $4.62M
284 long / 284 short samples · 2 days · auto-refresh every 30s