XAU · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.05%, but entry and exit cost 0.19% 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 0.05% 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 | +$5.24 | -$44.76 | -$94.76 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(orderbook) | −$4.94 | −$4.94 | −$4.94 |
| Funding drag(est. 1h hold) | +$0.05 | +$0.05 | +$0.05 |
| Net potential | -$13.65 | -$63.65 | -$113.65 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 37 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 · 285 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
- $4,187
- Exchange Ticker
- XAU-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +4.38%
- OI
- $1.41M
- 24h Vol
- $2.57M
- Mark Price
- $4,189.2
- Exchange Ticker
- XAU-PERP
- Taker / Maker
- 0.03% / 0.01%
- Funding APR(1h)
- +8.73%
- OI
- $2.63M
- 24h Vol
- $10.21M
285 long / 285 short samples · 2 days · auto-refresh every 30s