WTI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 1m old+0.010%higher than 72% of spread values(window 1D)
long $87.6110 · short $87.6200(long 1m / short 1m old)
Entry Spread (order book)-0.004%on $10,000
long $87.6233 · short $87.6200(average execution prices, not mark)
market median $87.6225· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.28% 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 0.01% 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 | +$1.03 | -$48.97 | -$98.97 |
| Round-trip fees | −$24.00 | −$24.00 | −$24.00 |
| Slippage(orderbook) | −$4.14 | −$4.14 | −$4.14 |
| Funding drag(est. 1h hold) | −$0.06 | −$0.06 | −$0.06 |
| Net potential | -$27.17 | -$77.17 | -$127.17 |
Breakeven move 0.2820%·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 · 284 samples
Current
+0.010%
72 pct
Median
+0.002%
Average
+0.003%
P25 → P75
-0.011% … +0.014%
Range
-0.152% … +0.113%
Std dev
±0.031%
tf
LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $87.6110
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $33.86M
- 24h Vol
- $37.15M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $87.6200
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -5.48%
- OI
- $18.91M
- 24h Vol
- $35.19M
284 long / 281 short samples · 2 days · auto-refresh every 30s