The quantum volume metric $V_Q$ is a proposed metric for quantifying and comparing the performance of quantum computers1. The quantum volume is defined as
$$V_Q = \max_{n<N} \left(\min\left[n, d(n)\right]^2\right),$$
where $n$ is the number of qubits used (out of the maximum $N$ available qubits on the device), $d(N)\simeq 1/nε_{\text{eff}}$ is the effective/achievable circuit depth, and $\epsilon_{\text{eff}}$ is the effective/average error rate of a random $SU(4)$ gate between any two qubits (including additional swap gates if the device is not fully connected)[2].
Now setting aside the question of whether $V_Q$ is a "good" metric (asked previously here), can an estimate be made for what $V_Q$ is needed in order to have a single logical qubit? More generally, what is the number of logical qubits a device with $V_Q$ can support?
Edit: By logical qubit I mean in the sense of fault-tolerant operation, i.e. if I have $n$ logical qubits I can apply any arbitrary sequence of gates to the $n$ qubits and end up with the ideal quantum state with bounded error (e.g. probability greater than 2/3).
NOTE: Cross-posted on physics.SE.
References
1. Bishop, Lev S., et al. "Quantum volume." Quantum Volume. Technical Report (2017) (PDF)
2. Moll, Nikolaj, et al. "Quantum optimization using variational algorithms on near-term quantum devices." Quantum Science and Technology 3.3 (2018): 030503
3. Cross, Andrew W., et al. "Validating quantum computers using randomized model circuits." arXiv preprint arXiv:1811.12926 (2018).