Spread Trading Contract Calculator

This Calculator is a must have for spread traders!

When spread trading two different futures contracts, it is important to equalize the value of each side of the spread – the short position in Contract #1 should be offset as closely as possible by a long position in Contract #2. Constructing and maintaining a perfectly balanced spread can be difficult due to differences in:

• Currency denominations (e.g. two Nikkei 225 futures denominated in $USD and Yen)
• Currency unit sizes (e.g. dollars and cents, pounds and pence)
• Quote units (e.g. basis points and dollars)
• Contract multipliers (e.g. full size vs. E-Mini S&P 500 futures)

This pre-built Excel workbook allows you to simply plug contract parameters into 1 of 3 different Calculators, and balance the number of contracts to equalize the value of each spread leg.