XAU · Convergence Trade
Cannot execute — CoinW has no liquidity for this pair
SHORT leg shows OI $0.00 / 24h Vol $0.00 — this is oracle/mark price only, no actual trading. Profit Calculator below is informational; you can’t open this position.
Profit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.21% 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 0.14% 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 | +$13.50 | -$36.50 | -$86.50 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$1.54 | −$1.54 | −$1.54 |
| Funding drag(est. 1h hold) | +$0.27 | +$0.27 | +$0.27 |
| Net potential | -$7.77 | -$57.77 | -$107.77 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.13% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 35 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 · 269 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
- $4,377.95
- Exchange Ticker
- XAU
- Taker / Maker
- 0.04% / 0.015%
- Funding APR(1h)
- -24.05%
- OI
- $1.45M
- 24h Vol
- $1.43M
- Mark Price
- $4,383.86
- Exchange Ticker
- xau
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +0.00%
263 long / 268 short samples · 1 day · auto-refresh every 30s