JPMx convergence- Direction
- DISCOUNT
- Size
- $10K
- Gross
- +320.3 bps
- Net
- not computed
| Leg | Action | Venue | Notional | Status |
|---|---|---|---|---|
| A | Buy JPMx onchain | — | $10,000 | unavailable |
| B | Sell JPM exposure | Kraken Pro | $10,000 | unavailable |
Expected basis (not PnL): —
Max loss: $176.11 (Basis moves 2.33σ against the position over the horizon (99% one-sided), plus all costs.)
Settlement: Leg A settles onchain in one slot; leg B settles on the hedge venue's cycle.
Not executable
- — No verified hedge or redemption path.
- — Reference is not a two-sided live quote.
- — Net basis is not computed (an unpriced cost line).