XCU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old-0.164%higher than 65% of spread values(window 1D)
long $6.1670 · short $6.1569(long 3m / short 5m old)
Entry Spread (order book)-0.214%on $10,000
long $6.1681 · short $6.1548(average execution prices, not mark)
market median $6.1639· long +0.0%· short -0.1%
⚠ Spread is inverted — trade[XYZ] is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 281 samples
Current
-0.164%
65 pct
Median
-0.180%
Average
-0.179%
P25 → P75
-0.213% … -0.149%
Range
-0.307% … +0.152%
Std dev
±0.052%
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![trade[XYZ]](/icons/exchanges/hl-xyz.svg)
trade[XYZ](dex)
trade[XYZ](dex)- Mark Price
- $6.1569
- Exchange Ticker
- xyz:COPPER
- Taker / Maker
- 0.09% / 0.03%
- Funding APR(1h)
- +5.48%
- OI
- $7.78M
- 24h Vol
- $3.13M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short252 long / 250 short samples · 2 days · auto-refresh every 30s