ZEC · Convergence Trade
Current Spread (mark)
updated 56s ago-0.054%higher than 58% of spread values(window 1D)
long $1,219.59 · short $1,218.94
Entry Spread (order book)-0.048%on $10,000
long $1,218.77 · short $1,218.19(average execution prices, not mark)
market median $1,219.59· long +0.0%· short -0.1%
⚠ Spread is inverted — Backpack is cheaper than Binance Futures. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.054%
58 pct
Median
-0.058%
Average
-0.057%
P25 → P75
-0.074% … -0.039%
Range
-0.261% … +0.089%
Std dev
±0.038%
Size per leg$= $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
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $1,219.59
- Exchange Ticker
- ZECUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +4.80%
- OI
- $587.92M
- 24h Vol
- $511.12M
SHORT
Backpack(cex)
Backpack(cex)- Mark Price
- $1,218.94
- Exchange Ticker
- ZEC_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +28.40%
- OI
- $2.06M
- 24h Vol
- $749.38K
285 long / 285 short samples · 2 days · auto-refresh every 30s