QQQ · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.02%, but entry and exit cost 0.22% 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 0.02% 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 | +$1.61 | -$48.39 | -$98.39 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.15 | +$0.15 | +$0.15 |
| Net potential | -$20.59 | -$70.59 | -$120.59 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.03%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 249 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.
Bybit(cex)- Mark Price
- $741.0300
- Exchange Ticker
- QQQUSDT
- Taker / Maker
- 0.055% / 0.02%
- Funding APR(8h)
- +0.00%
- OI
- $11.02M
- 24h Vol
- $3.93M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
grvt(dex)- Mark Price
- $741.1490
- Exchange Ticker
- QQQ_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(8h)
- +13.48%
- OI
- $329.61K
- 24h Vol
- $201.46K
235 long / 232 short samples · 2 days · auto-refresh every 30s