XAG · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.26% 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 0.09% 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 | +$8.77 | -$41.23 | -$91.23 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$5.56 | −$5.56 | −$5.56 |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$16.74 | -$66.74 | -$116.74 |
⏱ Hold time (estimated from history)
Over 1D the spread rarely converged to the median 0.03% (60% of episodes never did). The spread may be structural rather than mean-reverting — do not count on a quick exit; take profit on actual compression, not on a timer.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
QFEX(cex)- Mark Price
- $63.7290
- Exchange Ticker
- SILVER-USD
- Taker / Maker
- 0.1% / 0.05%
- Funding APR(1h)
- +5.79%
- OI
- $734.49K
- 24h Vol
- $233.02K
Lighter(dex)- Mark Price
- $63.7849
- Exchange Ticker
- XAG-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $4.96M
- 24h Vol
- $6.30M
278 long / 276 short samples · 2 days · auto-refresh every 30s