BRENT · Convergence Trade
Current Spread (mark)
updated 26s ago-0.592%higher than 35% of spread values(window 1D)
long $100.0475 · short $99.4550
Entry Spread (order book)-0.594%on $10,000
long $100.0480 · short $99.4535(average execution prices, not mark)
market median $100.1500· long -0.1%· short -0.7%
⚠ Spread is inverted — Variational is cheaper than RiseX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.592%
35 pct
Median
-0.549%
Average
-0.520%
P25 → P75
-0.613% … -0.465%
Range
-0.821% … -0.060%
Std dev
±0.142%
Size per leg$= $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
RiseX(dex)
RiseX(dex)- Mark Price
- $100.0475
- Exchange Ticker
- BZ-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- -80.84%
- OI
- $2.01M
- 24h Vol
- $2.40M
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $99.4550
- Exchange Ticker
- UKOILP
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $3.56M
- 24h Vol
- $32.63M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s