XAU · Convergence Trade
Current Spread (mark)
updated 1m ago+0.153%higher than 90% of spread values(window 1D)
long $3,881.38 · short $3,887.34(long 32s / short 1m old)
Entry Spread (order book)-0.231%on $10,000
long $3,895.67 · short $3,886.66(average execution prices, not mark)
market median $3,886· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.15% 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 | +$15.34 | -$34.66 | -$84.66 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$3.52 | −$3.52 | −$3.52 |
| Funding drag(est. 1h hold) | −$0.04 | −$0.04 | −$0.04 |
| Net potential | +$1.78 | -$48.22 | -$98.22 |
Breakeven move 0.1356%·Tradeability: 1.1× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~24min)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 28 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
+0.153%
90 pct
Median
+0.126%
Average
+0.124%
P25 → P75
+0.109% … +0.138%
Range
+0.007% … +0.201%
Std dev
±0.025%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $3,881.38
- Exchange Ticker
- XAU-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $11.34M
- 24h Vol
- $24.64M
SHORT
HTX(cex)
HTX(cex)- Mark Price
- $3,887.34
- Exchange Ticker
- XAU-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $1.79M
- 24h Vol
- $4.86M
285 long / 284 short samples · 2 days · auto-refresh every 30s