XAN · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.17% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$16.74 | -$33.26 | -$83.26 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.24 | +$0.24 | +$0.24 |
| Net potential | -$1.02 | -$51.02 | -$101.02 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 46 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 · 217 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.
- Mark Price
- $0.01058
- Exchange Ticker
- XAN_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- -0.22%
- OI
- $177.38K
- 24h Vol
- $49.31K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $0.01060
- Exchange Ticker
- XANUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +21.11%
- OI
- $239.65K
- 24h Vol
- $19.23K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short169 long / 180 short samples · 2 days · auto-refresh every 30s