XPL · Convergence Trade
Current Spread (mark)
updated 51s ago-0.170%higher than 21% of spread values(window 1D)
long $0.1058 · short $0.1056
Entry Spread (order book)-0.196%on $10,000
long $0.1060 · short $0.1058(average execution prices, not mark)
market median $0.1058· long -0.0%· short -0.2%
⚠ Spread is inverted — Variational is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 279 samples
Current
-0.170%
21 pct
Median
-0.054%
Average
-0.053%
P25 → P75
-0.153% … +0.037%
Range
-1.462% … +1.097%
Std dev
±0.212%
Size per leg$= $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
Lighter(dex)
Lighter(dex)- Mark Price
- $0.1058
- Exchange Ticker
- XPL-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $6.66M
- 24h Vol
- $3.59M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $0.1056
- Exchange Ticker
- XPL
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +10.96%
- OI
- $4.35M
- 24h Vol
- $4.17M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short277 long / 279 short samples · 2 days · auto-refresh every 30s