XAG · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.039%higher than 79% of spread values(window 1D)
long $63.8100 · short $63.7849(long 3m / short 3m old)
Entry Spread (order book)-0.115%on $10,000
long $63.8688 · short $63.7951(average execution prices, not mark)
market median $63.7950· long +0.0%· short -0.0%
⚠ Spread is inverted — Lighter is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.039%
79 pct
Median
-0.055%
Average
-0.062%
P25 → P75
-0.076% … -0.042%
Range
-0.180% … +0.022%
Std dev
±0.030%
Size per leg$= $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
Phemex(cex)
Phemex(cex)- Mark Price
- $63.8100
- Exchange Ticker
- XAGUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $1.46M
- 24h Vol
- $194.98K
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $63.7849
- Exchange Ticker
- XAG-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $4.96M
- 24h Vol
- $6.30M
278 long / 276 short samples · 2 days · auto-refresh every 30s