Delta-Neutral Position Calculator
How many coins to long and short so your position doesn't depend on price.
Two legs: a long and a short on the same coin — spot, perp, different exchanges, it doesn't matter. Move the price and see what happens to the total.
Leg 1 · long
Leg 2 · short
The legs hold different numbers of coins — delta is not zero, so the total depends on which way the price moves.
The entry spread is above 5 %. On illiquid coins this can come from volatility, but more often there is a reason behind it — withdrawals closed, a delisting, a problem with the token. Check before you enter. An equal dollar amount on each leg also works here: which one to choose and when is covered in the practical track.
Prices of both legs: from entry to now
longshortgap between legs
Long
0
Short
0
Total
0
Fees and funding excluded — delta only. For educational purposes, not investment advice.
Lessons with this tool
Try it on live data
The Arbiq scanner finds spreads between exchanges in real time. News and walkthroughs are in the channel.