USO · Convergence Trade
Cannot execute — CoinW has no liquidity for this pair
SHORT leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
Profit Calculator
Three scenarios: the current spread 2.59% 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 | +$258.62 | +$208.62 | +$158.62 |
| Round-trip fees | −$28.00 | −$28.00 | −$28.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | +$230.86 | +$180.86 | +$130.86 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 1.28% (100% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 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.
WEEX(cex)- Mark Price
- $125.2800
- Exchange Ticker
- USOUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- -10.00%
- OI
- $32.57
- 24h Vol
- $86.39K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
CoinW(cex)- Mark Price
- $128.5200
- Exchange Ticker
- uso
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short273 long / 271 short samples · 2 days · auto-refresh every 30s