BRENT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 8m old-0.244%higher than 20% of spread values(window 1D)
long $102.5500 · short $102.3000(long 2m / short 8m old)
Entry Spread (order book)-0.293%on $10,000
long $102.5800 · short $102.2791(average execution prices, not mark)
market median $102.4000· long +0.1%· short -0.1%
⚠ Spread is inverted — Gate.io is cheaper than Toobit. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.244%
20 pct
Median
-0.117%
Average
-0.135%
P25 → P75
-0.224% … -0.059%
Range
-0.351% … +0.421%
Std dev
±0.101%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
Toobit(cex)
Toobit(cex)- Mark Price
- $102.5500
- Exchange Ticker
- XBR-SWAP-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $2.53M
- 24h Vol
- $1.08M
SHORT
Gate.io(cex)
Gate.io(cex)- Mark Price
- $102.3000
- Exchange Ticker
- BZ_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- -38.46%
- OI
- $6.89M
- 24h Vol
- $3.29M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short280 long / 191 short samples · 2 days · auto-refresh every 30s