BRENT · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.09% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$9.01 | -$40.99 | -$90.99 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.46 | +$0.46 | +$0.46 |
| Net potential | -$33.19 | -$83.19 | -$133.19 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.08% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 59 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 253 samples
Live spread — order book
on size $10,000Rebuilt 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.
Gate.io(cex)- Mark Price
- $88.8000
- Exchange Ticker
- BZ_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -29.24%
- OI
- $5.43M
- 24h Vol
- $11.27M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
WOOFi Pro(dex)- Mark Price
- $88.8800
- Exchange Ticker
- PERP_BZ_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +10.95%
- OI
- $18.90K
- 24h Vol
- $2.72K
232 long / 236 short samples · 2 days · auto-refresh every 30s