QNT · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.25% 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 0.09% 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 | +$8.72 | -$41.28 | -$91.28 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.08 | +$0.08 | +$0.08 |
| Net potential | -$16.20 | -$66.20 | -$116.20 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.09%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 281 samples
Live spread — order book
on size $10,000Rebuilt 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.
- Mark Price
- $240.8600
- Exchange Ticker
- QNTUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- -14.93%
- OI
- $37.96M
- 24h Vol
- $118.47M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $241.0700
- Exchange Ticker
- QNT_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- -7.56%
- OI
- $1.77M
- 24h Vol
- $4.76M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short260 long / 246 short samples · 2 days · auto-refresh every 30s