WOO · Convergence Trade
Current Spread (mark)
updated 0s ago+0.096%higher than 34% of spread values(window 1D)
long $0.01044 · short $0.01045(long 3m / short 12m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
Profit Calculator
Three scenarios: the current spread 0.10% 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 | +$9.58 | -$40.42 | -$90.42 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.48 | +$0.48 | +$0.48 |
| Net potential | -$120.36 | -$170.36 | -$220.36 |
Breakeven move 1.2994%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.19%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 210 samples
Current
+0.096%
34 pct
Median
+0.192%
Average
+0.202%
P25 → P75
+0.095% … +0.356%
Range
-0.665% … +1.059%
Std dev
±0.245%
Size$
chart range
Loading Mark Prices…
Loading Price Spread…
Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
OKX(cex)
OKX(cex)- Mark Price
- $0.01044
- Exchange Ticker
- WOO-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -31.43%
- OI
- $173.84K
- 24h Vol
- $102.31K
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.01045
- Exchange Ticker
- WOOUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +10.95%
- OI
- $270.48K
- 24h Vol
- $15.13K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short191 long / 79 short samples · 2 days · auto-refresh every 30s