XCU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old-0.004%higher than 29% of spread values(window 1D)
long $6.1670 · short $6.1668(long 3m / short 1m old)
Entry Spread (order book)-0.049%on $10,000
long $6.1681 · short $6.1651(average execution prices, not mark)
market median $6.1639· long +0.0%· short +0.0%
⚠ Spread is inverted — Binance Futures is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 280 samples
Current
-0.004%
29 pct
Median
+0.008%
Average
+0.007%
P25 → P75
-0.007% … +0.016%
Range
-0.168% … +0.191%
Std dev
±0.039%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $6.1670
- Exchange Ticker
- COPPERUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $3.79M
- 24h Vol
- $75.62K
SHORT
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $6.1668
- Exchange Ticker
- COPPERUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $8.85M
- 24h Vol
- $7.68M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short252 long / 256 short samples · 2 days · auto-refresh every 30s