XAU · Convergence Trade
Current Spread (mark)
updated 54s ago+0.113%higher than 17% of spread values(window 1D)
long $3,884.3 · short $3,888.7
Entry Spread (order book)+0.227%on $10,000
long $3,877.9 · short $3,886.7(average execution prices, not mark)
market median $3,890.35· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.11%, but entry and exit cost 0.29% 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 0.11% 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 | +$11.33 | -$38.67 | -$88.67 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$13.45 | −$13.45 | −$13.45 |
| Funding drag(est. 1h hold) | +$0.85 | +$0.85 | +$0.85 |
| Net potential | -$17.27 | -$67.27 | -$117.27 |
Breakeven move 0.2860%·Tradeability: 0.4× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 283 samples
Current
+0.113%
17 pct
Median
+0.169%
Average
+0.163%
P25 → P75
+0.131% … +0.199%
Range
-0.015% … +0.286%
Std dev
±0.056%
tf
LONG
SoDEX(dex)
SoDEX(dex)- Mark Price
- $3,884.3
- Exchange Ticker
- XAUT-USD
- Taker / Maker
- 0.04% / 0.012%
- Funding APR(1h)
- -74.30%
- OI
- $2.00M
- 24h Vol
- $1.19M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $3,888.7
- Exchange Ticker
- GOLD-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +0.00%
- OI
- $276.30K
- 24h Vol
- $63.46K
283 long / 283 short samples · 2 days · auto-refresh every 30s