QQQ · Convergence Trade
Current Spread (mark)
updated 32s ago+0.107%higher than 47% of spread values(window 1D)
long $675.2800 · short $676.0000
Entry Spread (order book)+0.100%on $10,000
long $675.2900 · short $675.9652(average execution prices, not mark)
market median $676.1200· long -0.1%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.11% 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 | +$10.66 | -$39.34 | -$89.34 |
| Round-trip fees | −$4.50 | −$4.50 | −$4.50 |
| Slippage(orderbook) | −$0.90 | −$0.90 | −$0.90 |
| Funding drag(est. 1h hold) | −$0.01 | −$0.01 | −$0.01 |
| Net potential | +$5.25 | -$44.75 | -$94.75 |
Breakeven move 0.0541%·Tradeability: 2.0× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.11%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.107%
47 pct
Median
+0.108%
Average
+0.110%
P25 → P75
+0.095% … +0.120%
Range
+0.015% … +0.279%
Std dev
±0.027%
tf
LONG
Arcus(dex)
Arcus(dex)- Mark Price
- $675.2800
- Exchange Ticker
- QQQ-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- +4.16%
- OI
- $19.65M
- 24h Vol
- $24.34M
SHORT
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $676.0000
- Exchange Ticker
- QQQ-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +3.51%
- OI
- $26.49M
- 24h Vol
- $47.98M
285 long / 285 short samples · 2 days · auto-refresh every 30s