XAUT · Convergence Trade
Current Spread (mark)
updated 2s ago+0.092%higher than 42% of spread values(window 7D)
long $4,388.94 · short $4,392.98(long 2m / short 2m old)
Entry Spread (order book)+0.050%on $10,000
long $4,391.28 · short $4,393.48(average execution prices, not mark)
market median $4,392.69· long -0.1%· short +0.0%
Profit Calculator
Three scenarios: the current spread 0.09% 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 | +$9.20 | -$40.80 | -$90.80 |
| Round-trip fees | −$12.00 | −$12.00 | −$12.00 |
| Slippage(orderbook) | −$8.36 | −$8.36 | −$8.36 |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$11.01 | -$61.01 | -$111.01 |
Breakeven move 0.2021%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.10%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,944 samples
Current
+0.092%
42 pct
Median
+0.096%
Average
+0.096%
P25 → P75
+0.080% … +0.111%
Range
-0.080% … +0.588%
Std dev
±0.036%
Size$
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
- $4,388.94
- Exchange Ticker
- XAUT
- Taker / Maker
- 0% / 0%
- Funding APR(4h)
- -5.16%
- OI
- $34.51M
- 24h Vol
- $2.69M
SHORT
Bitget(cex)
Bitget(cex)- Mark Price
- $4,392.98
- Exchange Ticker
- XAUTUSDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +8.10%
- OI
- $29.72M
- 24h Vol
- $16.33M
1923 long / 1913 short samples · 8 days · auto-refresh every 30s