XAG · Convergence Trade
Current Spread (mark)
updated 1m ago+0.024%higher than 100% of spread values(window 1D)
long $49.7352 · short $49.7470(long 1m / short 58s old)
Entry Spread (order book)-0.075%on $10,000
long $49.7400 · short $49.7025(average execution prices, not mark)
market median $49.7400· long -0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.25% 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 | +$2.38 | -$47.62 | -$97.62 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(orderbook) | −$13.43 | −$13.43 | −$13.43 |
| Funding drag(est. 1h hold) | +$6.91 | +$6.91 | +$6.91 |
| Net potential | -$22.14 | -$72.14 | -$122.14 |
Breakeven move 0.2452%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 40 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 · 285 samples
Current
+0.024%
100 pct
Median
-0.015%
Average
-0.017%
P25 → P75
-0.032% … -0.000%
Range
-0.073% … +0.029%
Std dev
±0.021%
tf
LONG
Pionex(cex)
Pionex(cex)- Mark Price
- $49.7352
- Exchange Ticker
- XAG_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -0.99%
- OI
- $5.20M
- 24h Vol
- $618.61K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $49.7470
- Exchange Ticker
- SILVER-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +604.47%
- OI
- $149.80K
- 24h Vol
- $15.21K
285 long / 285 short samples · 2 days · auto-refresh every 30s