WTI · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.097%higher than 90% of spread values(window 1D)
long $87.5650 · short $87.6500(long 2m / short 40s old)
Entry Spread (order book)+0.044%on $10,000
long $87.6114 · short $87.6500(average execution prices, not mark)
market median $87.6370· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.34% 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 0.10% 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 | +$9.71 | -$40.29 | -$90.29 |
| Round-trip fees | −$22.00 | −$22.00 | −$22.00 |
| Slippage(orderbook) | −$11.47 | −$11.47 | −$11.47 |
| Funding drag(est. 1h hold) | −$0.12 | −$0.12 | −$0.12 |
| Net potential | -$23.88 | -$73.88 | -$123.88 |
Breakeven move 0.3359%·Tradeability: 0.3× 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 0.06% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 32 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
+0.097%
90 pct
Median
+0.062%
Average
+0.060%
P25 → P75
+0.038% … +0.075%
Range
-0.091% … +0.433%
Std dev
±0.043%
tf
LONG
Crypto.com(cex)
Crypto.com(cex)- Mark Price
- $87.5650
- Exchange Ticker
- CLUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +5.01%
- OI
- $896.30K
- 24h Vol
- $1.13M
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
283 long / 282 short samples · 2 days · auto-refresh every 30s