BRENT · Convergence Trade
Current Spread (mark)
updated 28s ago+0.000%higher than 46% of spread values(window 1D)
long $104.7600 · short $104.7600
Entry Spread (order book)-0.038%on $10,000
long $104.7200 · short $104.6800(average execution prices, not mark)
market median $104.7400· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.30% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.00% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(orderbook) | −$2.87 | −$2.87 | −$2.87 |
| Funding drag(est. 1h hold) | +$0.42 | +$0.42 | +$0.42 |
| Net potential | -$30.45 | -$80.45 | -$130.45 |
Breakeven move 0.3045%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.000%
46 pct
Median
+0.009%
Average
+0.006%
P25 → P75
-0.028% … +0.037%
Range
-0.571% … +0.341%
Std dev
±0.081%
tf
LONG
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $104.7600
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -13.59%
- OI
- $13.46M
- 24h Vol
- $85.27M
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $104.7600
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +23.05%
- OI
- $751.98M
- 24h Vol
- $1133.92M
283 long / 283 short samples · 2 days · auto-refresh every 30s