XAUT · Convergence Trade
Current Spread (mark)
updated 2s ago+0.107%higher than 37% of spread values(window 1D)
long $4,389.3 · short $4,394(long 18s / short 1m old)
Entry Spread (order book)+0.050%on $10,000
long $4,390.54 · short $4,392.74(average execution prices, not mark)
market median $4,393.16· long -0.1%· short +0.0%
Profit Calculator
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% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$10.71 | -$39.29 | -$89.29 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(orderbook) | −$8.50 | −$8.50 | −$8.50 |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$9.64 | -$59.64 | -$109.64 |
Breakeven move 0.2035%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.12%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 243 samples
Current
+0.107%
37 pct
Median
+0.117%
Average
+0.118%
P25 → P75
+0.094% … +0.141%
Range
+0.019% … +0.261%
Std dev
±0.039%
Size$
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
Variational(dex)
Variational(dex)- Mark Price
- $4,389.3
- Exchange Ticker
- XAUT
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -3.80%
- OI
- $34.67M
- 24h Vol
- $2.83M
SHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $4,394
- Exchange Ticker
- XAUTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +9.64%
- OI
- $29.70M
- 24h Vol
- $16.73M
235 long / 234 short samples · 2 days · auto-refresh every 30s