WTI · Convergence Trade
Sparse data (9% of expected samples) — statistics may be unreliable
Forward-fill used for gaps in mark-price history. Smaller window or current spread reading more trustworthy than long-range stats.
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.20% 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 0.04% 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 | +$4.45 | -$45.55 | -$95.55 |
| Round-trip fees | −$17.40 | −$17.40 | −$17.40 |
| Slippage(orderbook) | −$2.68 | −$2.68 | −$2.68 |
| Funding drag(est. 1h hold) | +$0.53 | +$0.53 | +$0.53 |
| Net potential | -$15.10 | -$65.10 | -$115.10 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.04% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 6 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 · 27 samples
Insufficient samples for percentile
Need at least 30 observations — got 27. Try larger period or check back after more data accumulates.
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
- $96.5510
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- -41.08%
- OI
- $25.75M
- 24h Vol
- $99.76M
PopDEX(dex)- Mark Price
- $96.5940
- Exchange Ticker
- CLUSDT
- Taker / Maker
- 0.032% / 0.01%
- Funding APR(1h)
- +5.52%
- OI
- $294.20K
- 24h Vol
- $393.30K
27 long / 27 short samples · 1 day · auto-refresh every 30s