XRP · Convergence Trade
Current Spread (mark)
updated 40s ago-0.029%higher than 31% of spread values(window 1D)
long $0.9913 · short $0.9910
Entry Spread (order book)-2.354%on $10,000
long $1.0151 · short $0.9912(average execution prices, not mark)
market median $0.9911· long +0.0%· short -0.0%
⚠ Spread is inverted — grvt is cheaper than Lighter. Convergence trade only profits with positive spread.
Size per leg$= $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
-0.029%
31 pct
Median
-0.005%
Average
-0.007%
P25 → P75
-0.035% … +0.024%
Range
-0.311% … +0.275%
Std dev
±0.066%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $0.9913
- Exchange Ticker
- XRP-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -5.26%
- OI
- $1.45M
- 24h Vol
- $6.99M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $0.9910
- Exchange Ticker
- XRP_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- -1.31%
- OI
- $897.28K
- 24h Vol
- $35.63M
285 long / 285 short samples · 2 days · auto-refresh every 30s