XAU · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.17% 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 | +$16.63 | -$33.37 | -$83.37 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$4.83 | +$4.83 | +$4.83 |
| Net potential | +$13.46 | -$36.54 | -$86.54 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.15% (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 · 283 samples
- Mark Price
- $4,011.87
- Exchange Ticker
- XAUS
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $49.08M
- 24h Vol
- $154.79M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $4,018.54
- Exchange Ticker
- GOLD-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +422.97%
- OI
- $253.83K
- 24h Vol
- $177.48K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short283 long / 283 short samples · 2 days · auto-refresh every 30s