XAU · Convergence Trade
Current Spread (mark)
updated 28s ago-0.116%higher than 5% of spread values(window 1D)
long $4,145.5 · short $4,140.71
Entry Spread (order book)+0.097%on $10,000
long $4,144.1 · short $4,148.1(average execution prices, not mark)
market median $4,148.3· long -0.1%· short -0.2%
⚠ Spread is inverted — Meridian is cheaper than SoDEX. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 283 samples
Current
-0.116%
5 pct
Median
-0.001%
Average
-0.022%
P25 → P75
-0.036% … +0.003%
Range
-0.128% … +0.034%
Std dev
±0.043%
Size per leg$= $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
SoDEX(dex)
SoDEX(dex)- Mark Price
- $4,145.5
- Exchange Ticker
- XAUT-USD
- Taker / Maker
- 0.04% / 0.012%
- Funding APR(1h)
- +5.48%
- OI
- $4.88M
- 24h Vol
- $1.41M
SHORT
Meridian(dex)
Meridian(dex)- Mark Price
- $4,140.71
- Exchange Ticker
- XAUXAUUSD
- Taker / Maker
- 0.03% / 0%
- Funding APR(1h)
- +127.48%
- OI
- $651.93K
- 24h Vol
- $753.46K
283 long / 283 short samples · 2 days · auto-refresh every 30s