XAU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.162%higher than 89% of spread values(window 1D)
long $4,131.07 · short $4,137.75(long 48s / short 3m old)
Entry Spread (order book)-0.036%on $10,000
long $4,140.6 · short $4,139.1(average execution prices, not mark)
market median $4,143.55· long -0.3%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.16% 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 | +$16.18 | -$33.82 | -$83.82 |
| Round-trip fees | −$12.60 | −$12.60 | −$12.60 |
| Slippage(orderbook) | −$1.93 | −$1.93 | −$1.93 |
| Funding drag(est. 1h hold) | −$0.03 | −$0.03 | −$0.03 |
| Net potential | +$1.62 | -$48.38 | -$98.38 |
Breakeven move 0.1456%·Tradeability: 1.1× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~12min–~36min)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 24 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 · 285 samples
Current
+0.162%
89 pct
Median
+0.117%
Average
+0.120%
P25 → P75
+0.092% … +0.140%
Range
+0.001% … +0.334%
Std dev
±0.043%
tf
LONG
edgeX V2(dex)
edgeX V2(dex)- Mark Price
- $4,131.07
- Exchange Ticker
- XAUUSDC
- Taker / Maker
- 0.038% / 0.018%
- Funding APR(4h)
- +5.84%
- OI
- $12.86M
- 24h Vol
- $65.91M
SHORT
Extended(dex)
Extended(dex)- Mark Price
- $4,137.75
- Exchange Ticker
- XAU-USD
- Taker / Maker
- 0.025% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $4.55M
- 24h Vol
- $48.98M
285 long / 276 short samples · 2 days · auto-refresh every 30s