NEAR · Convergence Trade
Current Spread (mark)
updated 41s ago+0.545%higher than 62% of spread values(window 1D)
long $4.8458 · short $4.8722
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $4.8420· long +0.1%· short +0.6%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Three scenarios: the current spread 0.54% 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 | +$54.48 | +$4.48 | -$45.52 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$26.68 | −$26.68 | −$26.68 |
| Funding drag(est. 1h hold) | +$0.56 | +$0.56 | +$0.56 |
| Net potential | +$21.36 | -$28.64 | -$78.64 |
Breakeven move 0.3312%·Tradeability: 1.6× round-trip cost · marginal — barely covers costs
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.65%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 284 samples
Current
+0.545%
62 pct
Median
+0.332%
Average
+0.326%
P25 → P75
-0.361% … +0.791%
Range
-2.436% … +4.861%
Std dev
±1.136%
Size per leg$= $20,000 total
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
Lighter Robinhood(dex)
Lighter Robinhood(dex)- Mark Price
- $4.8458
- Exchange Ticker
- NEAR-USDG
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +10.52%
- OI
- $2.07M
- 24h Vol
- $6.77M
SHORT
Phoenix(dex)
Phoenix(dex)- Mark Price
- $4.8722
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +59.37%
- OI
- $2.11M
284 long / 284 short samples · 2 days · auto-refresh every 30s