WTI · Convergence Trade
Current Spread (mark)
updated 12s ago+0.177%higher than 62% of spread values(window 1D)
long $87.5554 · short $87.7105
Entry Spread (order book)+0.137%on $10,000
long $87.5756 · short $87.6958(average execution prices, not mark)
market median $87.6225· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.18% 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 | +$17.71 | -$32.29 | -$82.29 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$8.51 | −$8.51 | −$8.51 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | +$1.20 | -$48.80 | -$98.80 |
Breakeven move 0.1651%·Tradeability: 1.1× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~6mintypical time to exit(usually ~6min–~12min)
Exit target: spread compresses to the median 0.17% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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 · 284 samples
Current
+0.177%
62 pct
Median
+0.165%
Average
+0.163%
P25 → P75
+0.134% … +0.195%
Range
-0.158% … +0.355%
Std dev
±0.055%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $87.5554
- Exchange Ticker
- CL
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $9.17M
- 24h Vol
- $2.52M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $87.7105
- Exchange Ticker
- CLUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $19.40M
- 24h Vol
- $13.62M
284 long / 283 short samples · 2 days · auto-refresh every 30s