BRENT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old-0.010%higher than 88% of spread values(window 1D)
long $95.7000 · short $95.6900(long 2m / short 2m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $95.7300· long -0.0%· short -0.0%
⚠ Spread is inverted — Gate.io is cheaper than Bybit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.010%
88 pct
Median
-0.042%
Average
-0.043%
P25 → P75
-0.063% … -0.031%
Range
-0.282% … +0.488%
Std dev
±0.062%
Size per leg$= $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
Bybit(cex)
Bybit(cex)- Mark Price
- $95.7000
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $13.22M
- 24h Vol
- $7.37M
SHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $95.6900
- Exchange Ticker
- BZ_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $11.27M
- 24h Vol
- $4.90M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 277 short samples · 2 days · auto-refresh every 30s