NEAR · Convergence Trade
Current Spread (mark)
updated 34s ago-0.408%higher than 19% of spread values(window 1D)
long $5.2995 · short $5.2779
Entry Spread (order book)order book loading (~30s) — refresh to see it
market median $5.2750· long +0.5%· short +0.1%
⚠ Spread is inverted — Hyperliquid is cheaper than Phoenix. Convergence trade only profits with positive spread.
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
Convergence trade not applicable
Current spread is negative — short leg is cheaper than long. Either wait for spread to flip positive, or swap legs (button in Hero above) to invert the trade direction.
Spread Statistics
Window: 24h · 285 samples
Current
-0.408%
19 pct
Median
+0.013%
Average
+0.132%
P25 → P75
-0.333% … +0.539%
Range
-1.199% … +3.963%
Std dev
±0.700%
Size per leg$= $20,000 total
chart range
Loading Mark Prices…
Loading Price Spread…
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
Phoenix(dex)
Phoenix(dex)- Mark Price
- $5.2995
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +35.23%
- OI
- $2.00M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
Hyperliquid(dex)
Hyperliquid(dex)- Mark Price
- $5.2779
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.96%
- OI
- $199.23M
- 24h Vol
- $180.73M
285 long / 285 short samples · 2 days · auto-refresh every 30s