XCU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.067%higher than 59% of spread values(window 1D)
long $6.1660 · short $6.1619(long 1m / short 2m old)
Entry Spread (order book)-0.132%on $10,000
long $6.1681 · short $6.1599(average execution prices, not mark)
market median $6.1634· long +0.0%· short -0.0%
⚠ Spread is inverted — Variational is cheaper than Phemex. Convergence trade only profits with positive spread.
Size per leg$= $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 · 279 samples
Current
-0.067%
59 pct
Median
-0.071%
Average
-0.067%
P25 → P75
-0.084% … -0.054%
Range
-0.204% … +0.075%
Std dev
±0.036%
tf
LONG
Phemex(cex)
Phemex(cex)- Mark Price
- $6.1660
- Exchange Ticker
- COPPERUSDT
- Taker / Maker
- 0.06% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $3.79M
- 24h Vol
- $75.74K
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $6.1619
- Exchange Ticker
- COPPER
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $1.89M
- 24h Vol
- $370.95K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short253 long / 253 short samples · 2 days · auto-refresh every 30s