BRENT · Convergence Trade
Sparse data (35% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
Three scenarios: the current spread 0.07% 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 | +$6.76 | -$43.24 | -$93.24 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | -$15.00 | -$65.00 | -$115.00 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,971 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
- $88.8200
- Exchange Ticker
- BZ
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -7.81%
- OI
- $74.34K
- 24h Vol
- $407.99K
OKX(cex)- Mark Price
- $88.8800
- Exchange Ticker
- BZ-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -8.99%
- OI
- $7.60M
- 24h Vol
- $15.51M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short708 long / 1968 short samples · 8 days · auto-refresh every 30s