BRENT · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.11% 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 | +$11.24 | -$38.76 | -$88.76 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.67 | +$0.67 | +$0.67 |
| Net potential | -$14.19 | -$64.19 | -$114.19 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.09% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 52 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 250 samples
Live spread — order book
on size $10,000Rebuilt 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.
TxFlow(dex)- Mark Price
- $88.9700
- Exchange Ticker
- BZ
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -87.27%
- OI
- $77.53K
- 24h Vol
- $422.31K
OKX(cex)- Mark Price
- $89.0700
- Exchange Ticker
- BZ-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -28.74%
- OI
- $7.60M
- 24h Vol
- $15.77M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short235 long / 247 short samples · 2 days · auto-refresh every 30s