WTI · Convergence Trade
Current Spread (mark)
updated 59s ago+0.035%higher than 52% of spread values(window 1D)
long $102.6400 · short $102.6757
Entry Spread (order book)-0.036%on $10,000
long $102.6689 · short $102.6321(average execution prices, not mark)
market median $102.6300· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.32% 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 0.03% 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 | +$3.48 | -$46.52 | -$96.52 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$12.70 | −$12.70 | −$12.70 |
| Funding drag(est. 1h hold) | +$0.30 | +$0.30 | +$0.30 |
| Net potential | -$28.92 | -$78.92 | -$128.92 |
Breakeven move 0.3240%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 48 comparable episodes over 1D. Check the position roughly every ~1h.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.035%
52 pct
Median
+0.033%
Average
+0.034%
P25 → P75
+0.018% … +0.049%
Range
-0.024% … +0.209%
Std dev
±0.024%
tf
LONG
BloFin(cex)
BloFin(cex)- Mark Price
- $102.6400
- Exchange Ticker
- CL-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -26.30%
- OI
- $22.97M
- 24h Vol
- $196.10K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $102.6757
- Exchange Ticker
- WTIOIL-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $25.15K
- 24h Vol
- $78.13K
283 long / 283 short samples · 2 days · auto-refresh every 30s