QNT · Convergence Trade
Profit Calculator
Slippage is not in these figures yet — the order book is still loading. Breakeven is understated and tradeability overstated until it arrives; wait for the refresh before judging the trade.
Three scenarios: the current spread 0.49% 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 | +$48.62 | -$1.38 | -$51.38 |
| Round-trip fees | −$25.00 | −$25.00 | −$25.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$2.26 | +$2.26 | +$2.26 |
| Net potential | +$25.88 | -$24.12 | -$74.12 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.24% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 40 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 · 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
- $274.1600
- Exchange Ticker
- QNT_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(8h)
- -27.07%
- OI
- $3.42M
- 24h Vol
- $111.41M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long- Mark Price
- $275.4930
- Exchange Ticker
- QNTUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +171.34%
- OI
- $94.57K
- 24h Vol
- $143.43K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short273 long / 272 short samples · 2 days · auto-refresh every 30s