WIF · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.000%higher than 61% of spread values(window 1D)
long $0.1968 · short $0.1968(long 2m / short 3m old)
Entry Spread (order book)-5.286%on $10,000
long $0.1974 · short $0.1870(average execution prices, not mark)
market median $0.1970· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.21% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.00% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.48 | +$0.48 | +$0.48 |
| Net potential | -$20.52 | -$70.52 | -$120.52 |
Breakeven move 0.2052%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.05%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.000%
61 pct
Median
+0.000%
Average
-0.019%
P25 → P75
-0.078% … +0.051%
Range
-0.453% … +0.356%
Std dev
±0.118%
tf
LONG
Bybit(cex)
Bybit(cex)- Mark Price
- $0.1968
- Exchange Ticker
- WIFUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(4h)
- +7.16%
- OI
- $10.34M
- 24h Vol
- $2.70M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $0.1968
- Exchange Ticker
- WIFUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +49.16%
- OI
- $40.62K
- 24h Vol
- $4.92K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 262 short samples · 2 days · auto-refresh every 30s