NEAR · Convergence Trade
Current Spread (mark)
updated 56s ago+0.140%higher than 95% of spread values(window 1D)
long $4.3099 · short $4.3159
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $4.3130· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.14%, but entry and exit cost 0.20% 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 0.14% 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 | +$13.96 | -$36.04 | -$86.04 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(orderbook) | −$13.24 | −$13.24 | −$13.24 |
| Funding drag(est. 1h hold) | +$1.23 | +$1.23 | +$1.23 |
| Net potential | -$6.05 | -$56.05 | -$106.05 |
Breakeven move 0.2001%·Tradeability: 0.7× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~24mintypical time to exit(usually ~6min–~36min)
Exit target: spread compresses to the median 0.05% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 16 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 · 285 samples
Current
+0.140%
95 pct
Median
+0.035%
Average
+0.041%
P25 → P75
+0.007% … +0.076%
Range
-0.198% … +0.252%
Std dev
±0.059%
tf
LONG
Lighter(dex)
Lighter(dex)- Mark Price
- $4.3099
- Exchange Ticker
- NEAR-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- -20.16%
- OI
- $9.28M
- 24h Vol
- $18.91M
SHORT
Bullet(dex)
Bullet(dex)- Mark Price
- $4.3159
- Exchange Ticker
- NEAR-USD
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +87.66%
- OI
- $66.31K
- 24h Vol
- $254.88K
285 long / 285 short samples · 2 days · auto-refresh every 30s