NEAR · Convergence Trade
Current Spread (mark)
updated 1m ago+0.214%higher than 85% of spread values(window 1D)
long $3.3251 · short $3.3322(long 35s / short 1m old)
Entry Spread (order book)-0.282%on $10,000
long $3.3384 · short $3.3290(average execution prices, not mark)
market median $3.3300· long -0.1%· short +0.1%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.21%, 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 0.21% 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 | +$21.37 | -$28.63 | -$78.63 |
| Round-trip fees | −$10.00 | −$10.00 | −$10.00 |
| Slippage(orderbook) | −$12.80 | −$12.80 | −$12.80 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$1.43 | -$51.43 | -$101.43 |
Breakeven move 0.2280%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
~12mintypical time to exit(usually ~6min–~18min)
Exit target: spread compresses to the median 0.11% (full convergence to 0 is rare — holding to zero usually makes no sense).
Based on 45 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
Current
+0.214%
85 pct
Median
+0.098%
Average
+0.105%
P25 → P75
+0.052% … +0.163%
Range
-0.768% … +0.588%
Std dev
±0.129%
tf
LONG
Variational(dex)
Variational(dex)- Mark Price
- $3.3251
- Exchange Ticker
- NEAR
- Taker / Maker
- 0% / 0%
- Funding APR(8h)
- +10.96%
- OI
- $3.75M
- 24h Vol
- $4.69M
SHORT
Pionex(cex)
Pionex(cex)- Mark Price
- $3.3322
- Exchange Ticker
- NEAR_USDT_PERP
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(8h)
- +10.96%
- OI
- $1.72M
- 24h Vol
- $4.81M
282 long / 280 short samples · 2 days · auto-refresh every 30s