XAUT · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.023%higher than 55% of spread values(window 1D)
long $3,866.05 · short $3,866.93(long 3m / short 11s old)
Entry Spread (order book)+0.015%on $10,000
long $3,866.34 · short $3,866.93(average execution prices, not mark)
market median $3,866.05· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.18% 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 0.02% 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 | +$2.28 | -$47.72 | -$97.72 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$1.93 | −$1.93 | −$1.93 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$15.53 | -$65.53 | -$115.53 |
Breakeven move 0.1781%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — 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
+0.023%
55 pct
Median
+0.017%
Average
+0.016%
P25 → P75
-0.006% … +0.039%
Range
-0.161% … +0.139%
Std dev
±0.033%
tf
LONG
Bitget(cex)
Bitget(cex)- Mark Price
- $3,866.05
- Exchange Ticker
- XAUTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.96%
- OI
- $39.94M
- 24h Vol
- $6.72M
SHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $3,866.93
- Exchange Ticker
- XAUT_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +21.70%
- OI
- $306.59M
- 24h Vol
- $324.97M
282 long / 281 short samples · 2 days · auto-refresh every 30s