WTI · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.01%, 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 0.01% 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 | +$1.10 | -$48.90 | -$98.90 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$3.47 | −$3.47 | −$3.47 |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$23.36 | -$73.36 | -$123.36 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — 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
Live spread — order book
on size $10,000Rebuilt 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.
Bybit(cex)- Mark Price
- $91.1400
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $25.21M
- 24h Vol
- $21.27M
Pionex(cex)- Mark Price
- $91.1500
- Exchange Ticker
- WTI_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +1.31%
- OI
- $2.34M
- 24h Vol
- $2.25M
285 long / 285 short samples · 2 days · auto-refresh every 30s