ZORA · Convergence Trade
Current Spread (mark)
updated 2s ago-0.003%higher than 46% of spread values(window 7D)
long $0.004845 · short $0.004845(long 3m / short 5m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $0.004843· long +0.0%· short +0.0%
⚠ Spread is inverted — LBank is cheaper than Pionex. Convergence trade only profits with positive spread.
Profit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 7d · 1,940 samples
Current
-0.003%
46 pct
Median
+0.003%
Average
+0.002%
P25 → P75
-0.070% … +0.083%
Range
-1.481% … +1.092%
Std dev
±0.182%
Size$
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
Pionex(cex)
Pionex(cex)- Mark Price
- $0.004845
- Exchange Ticker
- ZORA_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -77.57%
- OI
- $1.82K
- 24h Vol
- $12.26K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
LBank(cex)
LBank(cex)- Mark Price
- $0.004845
- Exchange Ticker
- ZORAUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -81.64%
- 24h Vol
- $1.65M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short1934 long / 1324 short samples · 8 days · auto-refresh every 30s