XRP · Convergence Trade
Current Spread (mark)
updated 48s ago-0.007%higher than 6% of spread values(window 1D)
long $1.5178 · short $1.5177
Entry Spread (order book)-0.017%on $10,000
long $1.5189 · short $1.5186(average execution prices, not mark)
market median $1.5167· long +0.1%· short +0.1%
⚠ Spread is inverted — Lighter Robinhood is cheaper than Ondo. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 281 samples
Current
-0.007%
6 pct
Median
+0.039%
Average
+0.037%
P25 → P75
+0.020% … +0.052%
Range
-0.151% … +0.199%
Std dev
±0.037%
Size per leg$= $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
Ondo(dex)
Ondo(dex)- Mark Price
- $1.5178
- Exchange Ticker
- XRP-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +9.99%
- OI
- $551.50K
- 24h Vol
- $129.10K
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $1.5177
- Exchange Ticker
- XRP-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $660.35K
- 24h Vol
- $3.74M
281 long / 280 short samples · 1 day · auto-refresh every 30s