NEAR · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 6m old+0.147%higher than 86% of spread values(window 1D)
long $4.4090 · short $4.4155(long 6m / short 45s old)
Entry Spread (order book)+0.077%on $10,000
long $4.4190 · short $4.4224(average execution prices, not mark)
market median $4.4137· long -0.1%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.15%, but entry and exit cost 0.26% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
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 | +$14.70 | -$35.30 | -$85.30 |
| Round-trip fees | −$16.00 | −$16.00 | −$16.00 |
| Slippage(orderbook) | −$12.20 | −$12.20 | −$12.20 |
| Funding drag(est. 1h hold) | +$1.73 | +$1.73 | +$1.73 |
| Net potential | -$11.77 | -$61.77 | -$111.77 |
Breakeven move 0.2647%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.06% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 46 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 · 284 samples
Current
+0.147%
86 pct
Median
+0.011%
Average
+0.028%
P25 → P75
-0.049% … +0.083%
Range
-0.570% … +0.780%
Std dev
±0.153%
tf
LONG
Aster(dex)
Aster(dex)- Mark Price
- $4.4090
- Exchange Ticker
- NEARUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- -63.64%
- OI
- $4.82M
- 24h Vol
- $7.65M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $4.4155
- Exchange Ticker
- NEAR-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $67.41K
- 24h Vol
- $188.22K
277 long / 284 short samples · 2 days · auto-refresh every 30s