BRENT · Convergence Trade
Current Spread (mark)
updated 52s ago-0.019%higher than 23% of spread values(window 1D)
long $102.8400 · short $102.8200
Entry Spread (order book)-0.044%on $10,000
long $102.8693 · short $102.8239(average execution prices, not mark)
market median $102.8100· long +0.0%· short +0.0%
⚠ Spread is inverted — Bybit is cheaper than OKX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.019%
23 pct
Median
+0.010%
Average
+0.011%
P25 → P75
-0.010% … +0.029%
Range
-0.185% … +0.187%
Std dev
±0.044%
Size per leg$= $20,000 total
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
OKX(cex)
OKX(cex)- Mark Price
- $102.8400
- Exchange Ticker
- BZ-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -14.31%
- OI
- $21.53M
- 24h Vol
- $27.58M
SHORT
Bybit(cex)
Bybit(cex)- Mark Price
- $102.8200
- Exchange Ticker
- BZUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -0.93%
- OI
- $14.40M
- 24h Vol
- $13.54M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s