XRP · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old-0.002%higher than 50% of spread values(window 1D)
long $1.3450 · short $1.3450(long 1m / short 1m old)
Entry Spread (order book)-0.371%on $10,000
long $1.3481 · short $1.3431(average execution prices, not mark)
market median $1.3450· long +0.0%· short -0.0%
⚠ Spread is inverted — RiseX is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 276 samples
Current
-0.002%
50 pct
Median
-0.003%
Average
-0.051%
P25 → P75
-0.377% … +0.272%
Range
-1.397% … +0.919%
Std dev
±0.461%
Size per leg$= $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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $1.3450
- Exchange Ticker
- XRP
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +0.00%
- OI
- $17.92K
SHORT
RiseX(dex)
RiseX(dex)- Mark Price
- $1.3450
- Exchange Ticker
- XRP-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +19.65%
- OI
- $474.24K
- 24h Vol
- $1.28M
276 long / 276 short samples · 2 days · auto-refresh every 30s