NEAR · Convergence Trade
Current Spread (mark)
updated 35s ago+0.094%higher than 30% of spread values(window 1D)
long $3.3239 · short $3.3270
Entry Spread (order book)+0.172%on $10,000
long $3.3223 · short $3.3280(average execution prices, not mark)
market median $3.3253· long -0.0%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.09%, but entry and exit cost 0.16% 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 0.09% 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 | +$9.44 | -$40.56 | -$90.56 |
| Round-trip fees | −$8.00 | −$8.00 | −$8.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$6.98 | -$56.98 | -$106.98 |
Breakeven move 0.1642%·Tradeability: 0.6× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.15%) — 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
+0.094%
30 pct
Median
+0.148%
Average
+0.146%
P25 → P75
+0.087% … +0.207%
Range
-0.441% … +0.783%
Std dev
±0.127%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $3.3239
- Exchange Ticker
- NEAR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $3.74M
- 24h Vol
- $4.69M
SHORT
Aster(dex)
Aster(dex)- Mark Price
- $3.3270
- Exchange Ticker
- NEARUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(8h)
- +10.96%
- OI
- $3.45M
- 24h Vol
- $1.84M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short284 long / 284 short samples · 2 days · auto-refresh every 30s