XAG · Convergence Trade
Current Spread (mark)
updated 56s ago+0.006%higher than 82% of spread values(window 1D)
long $50.0900 · short $50.0931
Entry Spread (order book)-0.085%on $10,000
long $50.0200 · short $49.9773(average execution prices, not mark)
market median $50.0900· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.23% 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 0.01% 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 | +$0.61 | -$49.39 | -$99.39 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$13.65 | −$13.65 | −$13.65 |
| Funding drag(est. 1h hold) | +$8.54 | +$8.54 | +$8.54 |
| Net potential | -$22.50 | -$72.50 | -$122.50 |
Breakeven move 0.2311%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.02%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.006%
82 pct
Median
-0.014%
Average
-0.018%
P25 → P75
-0.033% … -0.001%
Range
-0.192% … +0.111%
Std dev
±0.031%
tf
LONG
OKX(cex)
OKX(cex)- Mark Price
- $50.0900
- Exchange Ticker
- XAG-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +37.73%
- OI
- $60.54M
- 24h Vol
- $24.48M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $50.0931
- Exchange Ticker
- SILVER-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +786.17%
- OI
- $151.14K
- 24h Vol
- $23.71K
284 long / 284 short samples · 2 days · auto-refresh every 30s