NEAR · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.50%, but entry and exit cost 1.01% 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 0.50% 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 | +$50.30 | +$0.30 | -$49.70 |
| Round-trip fees | −$17.00 | −$17.00 | −$17.00 |
| Slippage(orderbook) | −$84.93 | −$84.93 | −$84.93 |
| Funding drag(est. 1h hold) | +$1.41 | +$1.41 | +$1.41 |
| Net potential | -$50.22 | -$100.22 | -$150.22 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.33% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 29 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 · 282 samples
Live spread — order book
on size $10,000Rebuilt 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.
Phoenix(dex)- Mark Price
- $4.7915
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- -2.56%
- OI
- $1.93M
Crypto.com(cex)- Mark Price
- $4.8156
- Exchange Ticker
- NEARUSD-PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +120.69%
- OI
- $184.77K
- 24h Vol
- $87.61K
282 long / 282 short samples · 2 days · auto-refresh every 30s