NEAR · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.77% 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 | +$77.00 | +$27.00 | -$23.00 |
| Round-trip fees | −$7.00 | −$7.00 | −$7.00 |
| Slippage(orderbook) | −$29.03 | −$29.03 | −$29.03 |
| Funding drag(est. 1h hold) | +$0.74 | +$0.74 | +$0.74 |
| Net potential | +$41.71 | -$8.29 | -$58.29 |
⏱ Hold time (estimated from history)
Exit target: spread compresses to the median 0.69% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 33 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 · 284 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
- $4.8350
- Exchange Ticker
- NEAR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- -5.67%
- OI
- $12.87M
- 24h Vol
- $24.30M
Phoenix(dex)- Mark Price
- $4.8722
- Exchange Ticker
- NEAR
- Taker / Maker
- 0.035% / 0.005%
- Funding APR(1h)
- +59.37%
- OI
- $2.11M
284 long / 284 short samples · 2 days · auto-refresh every 30s