ZEC · Convergence Trade
Current Spread (mark)
updated 24s ago-0.102%higher than 34% of spread values(window 1D)
long $1,220.84 · short $1,219.6
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $1,219.59· long +0.1%· short +0.0%
⚠ Spread is inverted — Hyperliquid is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.102%
34 pct
Median
-0.028%
Average
+0.023%
P25 → P75
-0.159% … +0.209%
Range
-0.929% … +1.042%
Std dev
±0.308%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
- $1,220.84
- Exchange Ticker
- ZEC
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +3.09%
- OI
- $4.06M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $1,219.6
- Exchange Ticker
- ZEC
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $280.74M
- 24h Vol
- $71.20M
285 long / 285 short samples · 2 days · auto-refresh every 30s