WTI · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.25% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$24.75 | -$25.25 | -$75.25 |
| Round-trip fees | −$6.00 | −$6.00 | −$6.00 |
| Slippage(orderbook) | −$24.92 | −$24.92 | −$24.92 |
| Funding drag(est. 1h hold) | −$0.12 | −$0.12 | −$0.12 |
| Net potential | -$6.29 | -$56.29 | -$106.29 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 3 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 · 238 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.
WOOFi Pro(dex)- Mark Price
- $83.9100
- Exchange Ticker
- PERP_CL_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +10.95%
- OI
- $191.10K
- 24h Vol
- $47.44K
Variational(dex)- Mark Price
- $84.1177
- Exchange Ticker
- CL
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $18.52M
- 24h Vol
- $18.81M
236 long / 237 short samples · 2 days · auto-refresh every 30s