XRP · Convergence Trade
Current Spread (mark)
updated 9s ago-0.104%higher than 10% of spread values(window 1D)
long $1.3338 · short $1.3324
Entry Spread (order book)-0.170%on $10,000
long $1.3337 · short $1.3314(average execution prices, not mark)
market median $1.3338· long -0.0%· short -0.1%
⚠ Spread is inverted — dYdX is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.104%
10 pct
Median
-0.067%
Average
-0.070%
P25 → P75
-0.089% … -0.054%
Range
-0.159% … +0.060%
Std dev
±0.029%
Size per leg$= $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)
- Mark Price
- $1.3338
- Exchange Ticker
- XRP-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $2.67M
- 24h Vol
- $5.25M
SHORT
dYdX(dex)
- Mark Price
- $1.3324
- Exchange Ticker
- XRP-USD
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $617.77K
- 24h Vol
- $59.34K
285 long / 285 short samples · 2 days · auto-refresh every 30s