XAG · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.038%higher than 95% of spread values(window 1D)
long $57.1343 · short $57.1559(long 3m / short 39s old)
Entry Spread (order book)-0.946%on $10,000
long $57.2400 · short $56.6988(average execution prices, not mark)
market median $57.1300· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.12% 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 0.04% 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 | +$3.78 | -$46.22 | -$96.22 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$3.75 | −$3.75 | −$3.75 |
| Funding drag(est. 1h hold) | +$0.20 | +$0.20 | +$0.20 |
| Net potential | -$7.77 | -$57.77 | -$107.77 |
Breakeven move 0.1155%·Tradeability: 0.3× 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 · 283 samples
Current
+0.038%
95 pct
Median
-0.085%
Average
-0.089%
P25 → P75
-0.134% … -0.045%
Range
-0.401% … +0.198%
Std dev
±0.079%
tf
LONG
Aster(dex)
Aster(dex)- Mark Price
- $57.1343
- Exchange Ticker
- XAGUSD1
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $7.31M
- 24h Vol
- $5.11M
SHORT
Lighter(dex)
Lighter(dex)- Mark Price
- $57.1559
- Exchange Ticker
- XAG-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +17.53%
- OI
- $3.94M
- 24h Vol
- $18.57M
205 long / 283 short samples · 2 days · auto-refresh every 30s