XAU · Convergence Trade
Current Spread (mark)
updated 30s ago-0.110%higher than 2% of spread values(window 1D)
long $4,165.33 · short $4,160.75
Entry Spread (order book)+0.152%on $10,000
long $4,152.3 · short $4,158.59(average execution prices, not mark)
market median $4,160.92· long +0.1%· short -0.0%
⚠ Spread is inverted — Bullet is cheaper than Meridian. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 284 samples
Current
-0.110%
2 pct
Median
+0.100%
Average
+0.090%
P25 → P75
+0.071% … +0.122%
Range
-0.229% … +0.185%
Std dev
±0.056%
Size per leg$= $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
Meridian(dex)
Meridian(dex)- Mark Price
- $4,165.33
- Exchange Ticker
- XAU-USD
- Taker / Maker
- 0.03% / 0%
- Funding APR(1h)
- -6.76%
- OI
- $285.69K
- 24h Vol
- $6.98K
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $4,160.75
- Exchange Ticker
- GOLD-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +61.93%
- OI
- $75.25K
- 24h Vol
- $22.06K
284 long / 284 short samples · 2 days · auto-refresh every 30s