XAU · Convergence Trade
Current Spread (mark)
updated 50s ago-0.199%higher than 9% of spread values(window 1D)
long $4,157.06 · short $4,148.78
Entry Spread (order book)-0.126%on $10,000
long $4,158.73 · short $4,153.5(average execution prices, not mark)
market median $4,153.3· long +0.1%· short -0.1%
⚠ Spread is inverted — Meridian is cheaper than BULK. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.199%
9 pct
Median
-0.119%
Average
-0.116%
P25 → P75
-0.155% … -0.075%
Range
-0.319% … +0.089%
Std dev
±0.066%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
BULK(dex)
BULK(dex)- Mark Price
- $4,157.06
- Exchange Ticker
- PAXG-USD
- Taker / Maker
- 0.035% / 0%
- Funding APR(1h)
- +10.96%
- OI
- $775.48K
- 24h Vol
- $1.10M
SHORT
Meridian(dex)
Meridian(dex)- Mark Price
- $4,148.78
- Exchange Ticker
- XAUXAUUSD
- Taker / Maker
- 0.03% / 0%
- Funding APR(1h)
- +124.63%
- OI
- $283.21K
- 24h Vol
- $143.50K
285 long / 285 short samples · 2 days · auto-refresh every 30s