XAG · Convergence Trade
Current Spread (mark)
updated 39s ago+0.244%higher than 94% of spread values(window 1D)
long $48.7738 · short $48.8930
Entry Spread (order book)-1.060%on $10,000
long $48.8000 · short $48.2829(average execution prices, not mark)
market median $48.9500· long -0.4%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.24% 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 | +$24.44 | -$25.56 | -$75.56 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | +$6.63 | -$43.37 | -$93.37 |
Breakeven move 0.1781%·Tradeability: 1.4× 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 22 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
+0.244%
94 pct
Median
+0.166%
Average
+0.158%
P25 → P75
+0.125% … +0.201%
Range
-0.304% … +0.575%
Std dev
±0.083%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $48.7738
- Exchange Ticker
- XAG-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.96%
- OI
- $5.24M
- 24h Vol
- $5.81M
SHORT
Decibel(dex)
Decibel(dex)- Mark Price
- $48.8930
- Exchange Ticker
- SILVER/USD
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +26.74%
- OI
- $8.21K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 281 short samples · 2 days · auto-refresh every 30s