XAU · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.19%, but entry and exit cost 0.20% 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 0.19% 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 | +$18.53 | -$31.47 | -$81.47 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$3.17 | −$3.17 | −$3.17 |
| Funding drag(est. 1h hold) | +$0.36 | +$0.36 | +$0.36 |
| Net potential | -$1.28 | -$51.28 | -$101.28 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.20%) — 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
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.
- Mark Price
- $4,173.4
- Exchange Ticker
- XAU-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $13.53M
- 24h Vol
- $37.86M
- Mark Price
- $4,181.14
- Exchange Ticker
- XAU-USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +36.70%
- OI
- $5.40M
- 24h Vol
- $5.21M
283 long / 284 short samples · 2 days · auto-refresh every 30s