Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0106%/8h= +11.7% APRnext payment +$0.53 per $10,000 · paid last 24h +0.043%
Price spread now: Binance against Aster−0.030%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$620.621% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.030%, 7d avg −0.021%
Together, before fees+0.231%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT2.99390.0287pay 0.0144% / 4h47m 05s$265K$105K50x
ShortBinance NATGASUSDT2.99300.0394get 0.0197% / 4h47m 05s$10.1M$30.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$22.35
Price spread: −0.030% → −0.021%
−$0.89
Slippage, 4 orders
−$44.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.68
Costs to cover
0.621%
Break-even
19.7 days
Slippage from Aster: live order book, 30 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 30 min ago5.01 bp36.6 bp −$37210.3 bp −$2,103doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.67 bp6.7 bp −$79.3 bp −$9338.2 bp −$3,822137.3 bp −$68.7K

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0112%1h2.9919−0.066%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8279−5.544%as long as short
SunX NATGAS-USDT0.0000%4h2.9951+0.040%$2K$2.6M20xas long as short
HTX NATGAS-USDT+0.0007%4h2.9943+0.014%$98K$214K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9920−0.063%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.99390.000%$619K$416K10xas long as short
Vest NG-PERP+0.0046%1h2.9930−0.030%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9920−0.063%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9922−0.056%$84K$43K10xas long as short
Paradex NG-USD-PERP+0.0083%8h2.9930−0.029%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h2.9928−0.036%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9920−0.063%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.130%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.130%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9930−0.030%$1.5M$98K10xas long as short
GRVT NATGAS_USDT_Perp+0.0130%4h2.9928−0.036%$13K$238K25xas long as short
Extended XNG-USD+0.0184%1h2.9917−0.075%$110K$471K5xas long as short
Gate NG_USDT+0.0201%8h2.9950+0.037%$1.5M$284K100xas long as short
OKX NG-USDT-SWAP+0.0226%8h2.9930−0.030%$858K$1.7M50xas long as short
BloFin NG-USDT+0.0255%8h2.9940+0.004%$80K$189K20xas long as short
Aster NATGASUSDTlong+0.0287%4h2.9939long leg$265K$105K50x
Variational Omni NATGAS+0.0347%4h2.9931−0.025%$311K$443Kas long as short
Binance NATGASUSDTshort+0.0394%4h2.9930−0.030%$10.1M$30.3M100x
GMX NATGAS/USD [ETH-USDC]L +0.0405% / S −0.0333%1h2.9935−0.013%$93K45xas long as short
edgeX NATGASUSDC+0.0434%4h2.9931−0.026%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0520%4h2.9900−0.130%$10.0M$3.9M100xas long as short
Kraken Futures PF_NATGASUSD+0.1218%1h2.9945+0.021%$52K$40K20xas long as short