XAG · Convergence Trade
Current Spread (mark)
updated 56s ago-0.031%higher than 35% of spread values(window 1D)
long $63.8200 · short $63.8000
Entry Spread (order book)-0.065%on $10,000
long $63.8917 · short $63.8500(average execution prices, not mark)
market median $63.8050· long +0.0%· short -0.0%
⚠ Spread is inverted — Pionex is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 282 samples
Current
-0.031%
35 pct
Median
-0.024%
Average
-0.032%
P25 → P75
-0.044% … -0.016%
Range
-0.172% … +0.047%
Std dev
±0.029%
Size per leg$= $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
- $63.8200
- Exchange Ticker
- XAGUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $1.47M
- 24h Vol
- $195.65K
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $63.8000
- Exchange Ticker
- XAG_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -0.94%
- OI
- $4.11M
- 24h Vol
- $634.42K
280 long / 281 short samples · 1 day · auto-refresh every 30s