XAG · Convergence Trade
Current Spread (mark)
updated 16s ago+0.145%higher than 43% of spread values(window 1D)
long $52.0277 · short $52.1030
Entry Spread (order book)+0.102%on $10,000
long $52.0400 · short $52.0929(average execution prices, not mark)
market median $52.1503· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.15% 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 0.14% 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 | +$14.48 | -$35.52 | -$85.52 |
| Round-trip fees | −$15.00 | −$15.00 | −$15.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.22 | +$0.22 | +$0.22 |
| Net potential | -$0.30 | -$50.30 | -$100.30 |
Breakeven move 0.1478%·Tradeability: 1.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.145%
43 pct
Median
+0.151%
Average
+0.148%
P25 → P75
+0.125% … +0.172%
Range
-0.038% … +0.332%
Std dev
±0.048%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $52.0277
- Exchange Ticker
- XAG-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $4.97M
- 24h Vol
- $2.74M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Polymarket(dex)
Polymarket(dex)- Mark Price
- $52.1030
- Exchange Ticker
- SILVER-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- +24.62%
- OI
- $5.54M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short285 long / 285 short samples · 2 days · auto-refresh every 30s