XAG · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old-0.031%higher than 70% of spread values(window 1D)
long $63.8100 · short $63.7904(long 4m / short 4m old)
Entry Spread (order book)-0.078%on $10,000
long $63.8917 · short $63.8417(average execution prices, not mark)
market median $63.7950· long +0.0%· short -0.0%
⚠ Spread is inverted — Variational is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 278 samples
Current
-0.031%
70 pct
Median
-0.038%
Average
-0.046%
P25 → P75
-0.058% … -0.026%
Range
-0.183% … +0.041%
Std dev
±0.031%
Size per leg$= $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
Variational(dex)
Variational(dex)- Mark Price
- $63.7904
- Exchange Ticker
- XAG
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $5.95M
- 24h Vol
- $7.04M
278 long / 278 short samples · 2 days · auto-refresh every 30s