XAG · Convergence Trade
Current Spread (mark)
updated 1m ago+0.021%higher than 11% of spread values(window 1D)
long $46.9500 · short $46.9600(long 45s / short 1m old)
Entry Spread (order book)+0.000%on $10,000
long $47.0100 · short $47.0100(average execution prices, not mark)
market median $46.9800· long -0.1%· short -0.0%
Size per leg$= $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 0.29% 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 | +$2.13 | -$47.87 | -$97.87 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$12.04 | −$12.04 | −$12.04 |
| Funding drag(est. 1h hold) | +$4.02 | +$4.02 | +$4.02 |
| Net potential | -$26.89 | -$76.89 | -$126.89 |
Breakeven move 0.2902%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.08%) — 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
+0.021%
11 pct
Median
+0.082%
Average
+0.075%
P25 → P75
+0.061% … +0.102%
Range
-0.298% … +0.424%
Std dev
±0.057%
tf
LONG
TxFlow(dex)
TxFlow(dex)- Mark Price
- $46.9500
- Exchange Ticker
- XAG
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -156.37%
- OI
- $524.06K
- 24h Vol
- $1.53M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $46.9600
- Exchange Ticker
- XAGUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +195.91%
- OI
- $46.78M
- 24h Vol
- $26.93M
285 long / 285 short samples · 2 days · auto-refresh every 30s