XAU · Convergence Trade
Current Spread (mark)
updated 1m ago-0.007%higher than 4% of spread values(window 1D)
long $4,260.4 · short $4,260.1(long 1m / short 1m old)
Entry Spread (order book)+0.037%on $10,000
long $4,257.93 · short $4,259.5(average execution prices, not mark)
market median $4,260.51· long -0.0%· short -0.0%
⚠ Spread is inverted — StandX is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 280 samples
Current
-0.007%
4 pct
Median
+0.114%
Average
+0.115%
P25 → P75
+0.084% … +0.138%
Range
-0.131% … +0.474%
Std dev
±0.085%
Size per leg$= $20,000 total
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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $4,260.4
- Exchange Ticker
- GOLD
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +1.44%
- OI
- $57.66K
SHORT
StandX(dex)
StandX(dex)- Mark Price
- $4,260.1
- Exchange Ticker
- XAU-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +238.08%
- OI
- $1.74M
- 24h Vol
- $1.02M
280 long / 280 short samples · 1 day · auto-refresh every 30s