XAG · Convergence Trade
Current Spread (mark)
updated 20s ago+0.015%higher than 85% of spread values(window 1D)
long $49.6124 · short $49.6200
Entry Spread (order book)-0.098%on $10,000thin book — size does not fully fill
long $49.6140 · short $49.5654(average execution prices, not mark)
market median $49.6800· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.37% 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 0.02% 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 | +$1.53 | -$48.47 | -$98.47 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$23.32 | −$23.32 | −$23.32 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$35.67 | -$85.67 | -$135.67 |
Breakeven move 0.3720%·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 0.03%) — 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
+0.015%
85 pct
Median
-0.023%
Average
-0.023%
P25 → P75
-0.048% … +0.003%
Range
-0.135% … +0.039%
Std dev
±0.031%
tf
LONG
Pacifica(dex)
- Mark Price
- $49.6124
- Exchange Ticker
- XAG
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $251.15K
- 24h Vol
- $23.80K
SHORT
WOOFi Pro(dex)
- Mark Price
- $49.6200
- Exchange Ticker
- PERP_XAG_USDC
- Taker / Maker
- 0.03% / 0%
- Funding APR(4h)
- +21.67%
- OI
- $135.14K
- 24h Vol
- $4.47K
283 long / 283 short samples · 2 days · auto-refresh every 30s