QQQ · Convergence Trade
Current Spread (mark)
updated 1s ago+0.222%higher than 41% of spread values(window 7D)
long $729.9790 · short $731.6000
Entry Spread (order book)+0.195%on $10,000
long $730.2564 · short $731.6800(average execution prices, not mark)
market median $730.8720· long -0.1%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.22% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$22.21 | -$27.79 | -$77.79 |
| Round-trip fees | −$19.00 | −$19.00 | −$19.00 |
| Slippage(orderbook) | −$6.27 | −$6.27 | −$6.27 |
| Funding drag(est. 1h hold) | +$0.12 | +$0.12 | +$0.12 |
| Net potential | -$2.94 | -$52.94 | -$102.94 |
Breakeven move 0.2515%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.25%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,761 samples
Current
+0.222%
41 pct
Median
+0.251%
Average
+0.247%
P25 → P75
+0.182% … +0.302%
Range
+0.021% … +0.615%
Std dev
±0.083%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt 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.
LONG
Ondo(dex)
Ondo(dex)- Mark Price
- $729.9790
- Exchange Ticker
- QQQ-USD.P
- Taker / Maker
- 0.035% / 0.015%
- Funding APR(1h)
- +5.52%
- OI
- $2.60M
- 24h Vol
- $865.46K
SHORT
BloFin(cex)
BloFin(cex)- Mark Price
- $731.6000
- Exchange Ticker
- QQQ-USDT
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(8h)
- +15.70%
- OI
- $965.28K
- 24h Vol
- $228.81K
1600 long / 1593 short samples · 8 days · auto-refresh every 30s