WTI · Convergence Trade
Current Spread (mark)
updated 0s ago+0.017%higher than 48% of spread values(window 7D)
long $83.5100 · short $83.5245(long 3m / short 3m old)
Entry Spread (order book)-0.089%on $10,000
long $83.4633 · short $83.3889(average execution prices, not mark)
market median $83.5800· long -0.1%· short -0.1%
Profit Calculator
Three scenarios: the current spread 0.02% 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 | +$1.73 | -$48.27 | -$98.27 |
| Round-trip fees | −$6.00 | −$6.00 | −$6.00 |
| Slippage(orderbook) | −$22.57 | −$22.57 | −$22.57 |
| Funding drag(est. 1h hold) | −$0.12 | −$0.12 | −$0.12 |
| Net potential | -$26.96 | -$76.96 | -$126.96 |
Breakeven move 0.2869%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.04%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,928 samples
Current
+0.017%
48 pct
Median
+0.022%
Average
+0.036%
P25 → P75
-0.009% … +0.072%
Range
-0.381% … +0.500%
Std dev
±0.077%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
WOOFi Pro(dex)
WOOFi Pro(dex)- Mark Price
- $83.5100
- Exchange Ticker
- PERP_CL_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +10.95%
- OI
- $182.60K
- 24h Vol
- $40.81K
SHORT
Variational(dex)
Variational(dex)- Mark Price
- $83.5245
- Exchange Ticker
- CL
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $18.18M
- 24h Vol
- $18.45M
1923 long / 1922 short samples · 8 days · auto-refresh every 30s