NEAR · Convergence Trade
Profit Calculator
This spread does not cover its own costs
The spread is 0.04%, but entry and exit cost 0.14% 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 0.04% 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 | +$3.60 | -$46.40 | -$96.40 |
| Round-trip fees | −$0.00 | −$0.00 | −$0.00 |
| Slippage(orderbook) | −$14.46 | −$14.46 | −$14.46 |
| Funding drag(est. 1h hold) | +$0.46 | +$0.46 | +$0.46 |
| Net potential | -$10.40 | -$60.40 | -$110.40 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.17%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 278 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.
Variational(dex)- Mark Price
- $5.3677
- Exchange Ticker
- NEAR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $15.31M
- 24h Vol
- $22.65M
Lighter(dex)- Mark Price
- $5.3696
- Exchange Ticker
- NEAR-USDC
- Taker / Maker
- 0% / 0%
- Funding APR(1h)
- +50.84%
- OI
- $24.97M
- 24h Vol
- $31.21M
278 long / 276 short samples · 2 days · auto-refresh every 30s