Position Closing Strategy at Price Convergence for MULTI

We have prepared each lesson in both text and video formats

In this case, we will show our experience of earning using the Futures - Futures strategy by capitalizing on the convergence of futures prices on Bybit and XT exchanges.

The average entry price on Bybit was $3.0746, while on XT it was $3.2391.

At this point, we can already lock in a profit. There are two strategies—wait for full price convergence or close the trade with a small profit.

We decided to close the trade. The positions were closed at market prices due to concerns about placing limit orders.

On Bybit, the long position closed with a profit of $34.

On XT, the short position closed with a loss of $6.19.

This means we earned $27.81 simply from the price convergence.

We will now wait for another price divergence and re-enter the trade.