WTI · Convergence Trade
Current Spread (mark)
updated 1m ago+0.003%higher than 74% of spread values(window 1D)
long $87.6476 · short $87.6500(long 31s / short 1m old)
Entry Spread (order book)+0.000%on $10,000
long $87.6500 · short $87.6500(average execution prices, not mark)
market median $87.6415· long +0.0%· short +0.0%
Size per leg$= $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 0.24% 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 | +$0.27 | -$49.73 | -$99.73 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$2.28 | −$2.28 | −$2.28 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$24.07 | -$74.07 | -$124.07 |
Breakeven move 0.2434%·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 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.003%
74 pct
Median
-0.006%
Average
-0.007%
P25 → P75
-0.018% … +0.004%
Range
-0.137% … +0.211%
Std dev
±0.031%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $87.6476
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $166.30M
- 24h Vol
- $386.16M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $87.6500
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -5.48%
- OI
- $18.92M
- 24h Vol
- $34.45M
285 long / 282 short samples · 2 days · auto-refresh every 30s