QQQ · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 4m old+0.102%higher than 1% of spread values(window 1D)
long $718.4900 · short $719.2200(long 7s / short 4m old)
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $719.1540· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.10%, but entry and exit cost 0.20% 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 0.10% 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 | +$10.16 | -$39.84 | -$89.84 |
| Round-trip fees | −$20.50 | −$20.50 | −$20.50 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.36 | +$0.36 | +$0.36 |
| Net potential | -$9.98 | -$59.98 | -$109.98 |
Breakeven move 0.2014%·Tradeability: 0.5× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.23%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 280 samples
Current
+0.102%
1 pct
Median
+0.226%
Average
+0.231%
P25 → P75
+0.188% … +0.274%
Range
-0.049% … +0.740%
Std dev
±0.063%
tf
LONG
Arcus(dex)
Arcus(dex)- Mark Price
- $718.4900
- Exchange Ticker
- QQQ-USD
- Taker / Maker
- 0.0225% / 0%
- Funding APR(1h)
- -8.78%
- OI
- $14.34M
- 24h Vol
- $20.80M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
WEEX(cex)
WEEX(cex)- Mark Price
- $719.2200
- Exchange Ticker
- QQQUSDT
- Taker / Maker
- 0.08% / 0.02%
- Funding APR(8h)
- +22.48%
- 24h Vol
- $4.95M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short263 long / 255 short samples · 2 days · auto-refresh every 30s