XAU · Convergence Trade
Current Spread (mark)
updated 4s ago+0.207%higher than 46% of spread values(window 1D)
long $4,417.15 · short $4,426.31(long 4s / short 2m old)
Entry Spread (order book)+0.186%on $10,000
long $4,417.72 · short $4,425.92(average execution prices, not mark)
market median $4,422.15· long -0.1%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.21% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$20.74 | -$29.26 | -$79.26 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$0.52 | −$0.52 | −$0.52 |
| Funding drag(est. 1h hold) | −$0.43 | −$0.43 | −$0.43 |
| Net potential | -$0.21 | -$50.21 | -$100.21 |
Breakeven move 0.2095%·Tradeability: 1.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 238 samples
Current
+0.207%
46 pct
Median
+0.211%
Average
+0.204%
P25 → P75
+0.169% … +0.229%
Range
+0.098% … +0.301%
Std dev
±0.035%
Size$
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
Pacifica(dex)
Pacifica(dex)- Mark Price
- $4,417.15
- Exchange Ticker
- XAU
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- -0.89%
- OI
- $2.76M
- 24h Vol
- $2.12M
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $4,426.31
- Exchange Ticker
- XAU-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- -38.95%
- OI
- $15.44M
- 24h Vol
- $9.38M
235 long / 234 short samples · 2 days · auto-refresh every 30s