WTI · Convergence Trade
Current Spread
updated 0s ago+0.043%higher than 75% of spread values(window 1D)
long $84.1436 · short $84.1800(long 30s / short 2m old)
market median $84.1830· long -0.0%· short -0.0%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$4.33 | -$45.67 | -$95.67 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(orderbook) | −$7.34 | −$7.34 | −$7.34 |
| Funding drag(est. 1h hold) | +$0.63 | +$0.63 | +$0.63 |
| Net potential | -$17.38 | -$67.38 | -$117.38 |
Breakeven move 0.2171%·Tradeability: 0.2× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 232 samples
Current
+0.043%
75 pct
Median
-0.050%
Average
-0.028%
P25 → P75
-0.097% … +0.043%
Range
-1.059% … +0.545%
Std dev
±0.211%
Size$
chart range
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LONG
Pacifica(dex)
Pacifica(dex)- Mark Price
- $84.1436
- Exchange Ticker
- CL
- Taker / Maker
- 4 / 1.5 bps
- Funding APR(1h)
- -60.58%
- OI
- $1.23M
- 24h Vol
- $1.17M
SHORT
Ondo(dex)
Ondo(dex)- Mark Price
- $84.1800
- Exchange Ticker
- WTI-USD.P
- Taker / Maker
- 3.5 / 1.5 bps
- Funding APR(1h)
- -5.43%
- OI
- $829.93K
- 24h Vol
- $18.17M
226 long / 133 short samples · 2 days · auto-refresh every 30s