XAU · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.03%, but entry and exit cost 0.27% 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 0.03% 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 | +$2.83 | -$47.17 | -$97.17 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(orderbook) | −$0.15 | −$0.15 | −$0.15 |
| Funding drag(est. 1h hold) | +$0.30 | +$0.30 | +$0.30 |
| Net potential | -$24.02 | -$74.02 | -$124.02 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.02% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 58 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 · 276 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.
Gate.io(cex)- Mark Price
- $4,388.5
- Exchange Ticker
- XAU_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +0.00%
- OI
- $284.53M
- 24h Vol
- $430.09M
BloFin(cex)- Mark Price
- $4,389.74
- Exchange Ticker
- XAU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +26.30%
- OI
- $13.14M
- 24h Vol
- $6.95M
261 long / 266 short samples · 2 days · auto-refresh every 30s