CLO · Convergence Trade
Sparse data (10% 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 0.15% 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 | +$14.66 | -$35.34 | -$85.34 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.00 | +$0.00 | +$0.00 |
| Net potential | -$7.34 | -$57.34 | -$107.34 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 46 comparable episodes over 7D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 319 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.
BloFin(cex)- Mark Price
- $0.1159
- Exchange Ticker
- CLO-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +80.37%
- OI
- $280.22K
- 24h Vol
- $14.03K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
BingX(cex)- Mark Price
- $0.1161
- Exchange Ticker
- CLO-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +80.81%
- OI
- $1.05M
- 24h Vol
- $1.24M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short196 long / 197 short samples · 3 days · auto-refresh every 30s