XCU · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 5m old+0.125%higher than 46% of spread values(window 1D)
long $6.1573 · short $6.1650(long 5m / short 2m old)
Entry Spread (order book)+0.029%on $10,000
long $6.1622 · short $6.1640(average execution prices, not mark)
market median $6.1633· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.13%, but entry and exit cost 0.14% 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 0.13% 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 | +$12.51 | -$37.49 | -$87.49 |
| Round-trip fees | −$14.00 | −$14.00 | −$14.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$1.49 | -$51.49 | -$101.49 |
Breakeven move 0.1400%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.13%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 276 samples
Current
+0.125%
46 pct
Median
+0.128%
Average
+0.127%
P25 → P75
+0.104% … +0.151%
Range
-0.044% … +0.288%
Std dev
±0.044%
tf
LONG
OKX(cex)
OKX(cex)- Mark Price
- $6.1573
- Exchange Ticker
- XCU-USDT-SWAP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $1.49M
- 24h Vol
- $529.51K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
MEXC(cex)
MEXC(cex)- Mark Price
- $6.1650
- Exchange Ticker
- COPPER_USDT
- Taker / Maker
- 0.02% / 0%
- Funding APR(4h)
- +0.00%
- OI
- $14.56M
- 24h Vol
- $881.80K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short259 long / 253 short samples · 2 days · auto-refresh every 30s