NEAR · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.17%, but entry and exit cost 0.23% 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 0.17% 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 | +$16.85 | -$33.15 | -$83.15 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$1.74 | +$1.74 | +$1.74 |
| Net potential | -$5.75 | -$55.75 | -$105.75 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.10% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 36 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
Polymarket(dex)- Mark Price
- $3.8579
- Exchange Ticker
- NEAR-USD
- Taker / Maker
- 0.04% / 0.0125%
- Funding APR(1h)
- -2.43%
- OI
- $138.60K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Backpack(cex)- Mark Price
- $3.8644
- Exchange Ticker
- NEAR_USDC_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(1h)
- +149.67%
- OI
- $2.27M
- 24h Vol
- $1.91M
282 long / 282 short samples · 2 days · auto-refresh every 30s