WTI · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.38% 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 0.11% 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 | +$10.53 | -$39.47 | -$89.47 |
| Round-trip fees | −$13.60 | −$13.60 | −$13.60 |
| Slippage(orderbook) | −$24.79 | −$24.79 | −$24.79 |
| Funding drag(est. 1h hold) | +$0.83 | +$0.83 | +$0.83 |
| Net potential | -$27.03 | -$77.03 | -$127.03 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 35 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 · 269 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.
RiseX(dex)- Mark Price
- $89.9310
- Exchange Ticker
- CL-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- -62.02%
- OI
- $3.49M
- 24h Vol
- $2.94M
edgeX V2(dex)- Mark Price
- $90.0257
- Exchange Ticker
- CLUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +10.95%
- OI
- $670.31K
- 24h Vol
- $880.49K
268 long / 268 short samples · 2 days · auto-refresh every 30s