XMR · Convergence Trade
Current Spread (mark)
updated 38s ago+0.044%higher than 78% of spread values(window 1D)
long $526.3975 · short $526.6300
Entry Spread (order book)-0.028%on $10,000
long $526.4750 · short $526.3284(average execution prices, not mark)
market median $527.1400· long -0.1%· short -0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.34% 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 0.04% 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 | +$4.42 | -$45.58 | -$95.58 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(orderbook) | −$23.91 | −$23.91 | −$23.91 |
| Funding drag(est. 1h hold) | −$0.66 | −$0.66 | −$0.66 |
| Net potential | -$29.15 | -$79.15 | -$129.15 |
Breakeven move 0.3357%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.03% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 57 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 · 285 samples
Current
+0.044%
78 pct
Median
+0.009%
Average
+0.010%
P25 → P75
-0.024% … +0.041%
Range
-0.265% … +0.292%
Std dev
±0.077%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $526.3975
- Exchange Ticker
- XMR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $4.64M
- 24h Vol
- $1.14M
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $526.6300
- Exchange Ticker
- XMR
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- -46.72%
- OI
- $115.32M
- 24h Vol
- $23.44M
285 long / 285 short samples · 2 days · auto-refresh every 30s