XAG · Convergence Trade
Current Spread (mark)
updated 49s ago+0.184%higher than 52% of spread values(window 1D)
long $50.3294 · short $50.4220
Entry Spread (order book)-0.010%on $10,000
long $50.3450 · short $50.3400(average execution prices, not mark)
market median $50.4500· long -0.2%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.18%, but entry and exit cost 0.21% 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 0.18% 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 | +$18.39 | -$31.61 | -$81.61 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$16.31 | −$16.31 | −$16.31 |
| Funding drag(est. 1h hold) | +$2.98 | +$2.98 | +$2.98 |
| Net potential | -$2.94 | -$52.94 | -$102.94 |
Breakeven move 0.2133%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.18%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.184%
52 pct
Median
+0.180%
Average
+0.180%
P25 → P75
+0.132% … +0.218%
Range
-0.244% … +0.440%
Std dev
±0.078%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $50.3294
- Exchange Ticker
- XAGS
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $11.05M
- 24h Vol
- $38.14M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $50.4220
- Exchange Ticker
- SILVER-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +260.64%
- OI
- $217.55K
- 24h Vol
- $94.44K
284 long / 284 short samples · 2 days · auto-refresh every 30s