XAU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 2m old+0.274%higher than 60% of spread values(window 1D)
long $3,883.22 · short $3,893.84(long 6s / short 2m old)
Entry Spread (order book)+0.271%on $10,000
long $3,883.29 · short $3,893.82(average execution prices, not mark)
market median $3,893.92· long -0.3%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.27% 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 | +$27.35 | -$22.65 | -$72.65 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$0.59 | −$0.59 | −$0.59 |
| Funding drag(est. 1h hold) | +$0.19 | +$0.19 | +$0.19 |
| Net potential | +$7.95 | -$42.05 | -$92.05 |
Breakeven move 0.1940%·Tradeability: 1.4× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.27%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.274%
60 pct
Median
+0.267%
Average
+0.270%
P25 → P75
+0.258% … +0.283%
Range
+0.230% … +0.305%
Std dev
±0.015%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $3,883.22
- Exchange Ticker
- XAU-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $13.71M
- 24h Vol
- $4.20M
SHORT
Hotcoin(cex)
Hotcoin(cex)- Mark Price
- $3,893.84
- Exchange Ticker
- XAUUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +21.91%
- OI
- $104.56M
- 24h Vol
- $12.00M
284 long / 278 short samples · 2 days · auto-refresh every 30s