NEAR · Convergence Trade
Current Spread (mark)
updated 41s ago+0.013%higher than 5% of spread values(window 1D)
long $4.4817 · short $4.4823
Entry Spread (order book)+0.012%on $10,000
long $4.4801 · short $4.4806(average execution prices, not mark)
market median $4.4830· long -0.0%· short -0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.01%, but entry and exit cost 0.13% 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 0.01% 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 | +$1.34 | -$48.66 | -$98.66 |
| Round-trip fees | −$9.00 | −$9.00 | −$9.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.01 | +$0.01 | +$0.01 |
| Net potential | -$11.63 | -$61.63 | -$111.63 |
Breakeven move 0.1297%·Tradeability: 0.1× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.06%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 282 samples
Current
+0.013%
5 pct
Median
+0.057%
Average
+0.057%
P25 → P75
+0.039% … +0.074%
Range
-0.102% … +0.276%
Std dev
±0.034%
tf
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $4.4817
- Exchange Ticker
- NEAR-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $1.21M
- 24h Vol
- $3.16M
SHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $4.4823
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $258.54M
- 24h Vol
- $146.30M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short282 long / 282 short samples · 2 days · auto-refresh every 30s