QQQ · Convergence Trade
Current Spread (mark)
updated 46s ago+0.148%higher than 90% of spread values(window 1D)
long $674.9977 · short $676.0000
Entry Spread (order book)+0.113%on $10,000
long $675.2035 · short $675.9652(average execution prices, not mark)
market median $676.1200· long -0.2%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.15% 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 | +$14.85 | -$35.15 | -$85.15 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$4.44 | −$4.44 | −$4.44 |
| Funding drag(est. 1h hold) | −$0.02 | −$0.02 | −$0.02 |
| Net potential | +$3.39 | -$46.61 | -$96.61 |
Breakeven move 0.1146%·Tradeability: 1.3× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
~18mintypical time to exit(usually ~6min–~42min)
Exit target: spread compresses to the median 0.12% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 27 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 · 285 samples
Current
+0.148%
90 pct
Median
+0.124%
Average
+0.118%
P25 → P75
+0.100% … +0.142%
Range
+0.003% … +0.222%
Std dev
±0.030%
tf
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $674.9977
- Exchange Ticker
- QQQ-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $2.44M
- 24h Vol
- $1.23M
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
284 long / 285 short samples · 2 days · auto-refresh every 30s