BRENT · Convergence Trade
Current Spread (mark)
updated 1s ago+0.000%higher than 30% of spread values(window 1D)
long $86.3300 · short $86.3300
Entry Spread (order book)-0.023%on $10,000
long $86.3200 · short $86.3000(average execution prices, not mark)
market median $86.2400· long +0.1%· short +0.1%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(orderbook) | −$4.11 | −$4.11 | −$4.11 |
| Funding drag(est. 1h hold) | +$0.32 | +$0.32 | +$0.32 |
| Net potential | -$31.79 | -$81.79 | -$131.79 |
Breakeven move 0.3179%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Current
+0.000%
30 pct
Median
+0.012%
Average
+0.012%
P25 → P75
+0.000% … +0.023%
Range
-0.070% … +0.081%
Std dev
±0.020%
Size$
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
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $86.3300
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- -4.27%
- OI
- $15.12M
SHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $86.3300
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(4h)
- +23.81%
- OI
- $477.98M
- 24h Vol
- $376.99K
270 long / 281 short samples · 2 days · auto-refresh every 30s