Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.018%
Price spread now: BloFin against Aster+0.090%92s7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.090%, 7d avg −0.050%
=Together, before fees+0.209%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.140% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.050%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0063 | 0.0404 | pay 0.0202% / 4h | 19m 41s | $266K | $73K | 50x |
| Short | BloFin NG-USDT | 3.0090 | 0.0524 | get 0.0524% / 8h | 4h 19m | $81K | $192K | 20x |
Aster NATGASUSDT
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.21
- Price spread: +0.090% → −0.050%
- $14.02
- Slippage, 4 orders
- −$83.11
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.88
- Costs to cover
- 1.031%
- Break-even
- 24.7 days
Slippage from Aster: live order book, 37 min ago; BloFin: live order book, 11 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 37 min ago | 6.66 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.66 bp | 10.2 bp −$10 | 16.0 bp −$160 | 71.3 bp −$7,129 | doesn't fit |
NATGAS on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8494 | −5.219% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.064% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0060 | −0.009% | $670K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | +0.017% | $620K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0059 | −0.012% | $110K | $414K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.024% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0091 | +0.094% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0078 | +0.052% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0096% | 1h | 3.0063 | +0.001% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0053 | −0.033% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.124% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.209% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.024% | $1.5M | $94K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0189% | 4h | 3.0081 | +0.060% | $105K | $211K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0200% | 1h | 3.0074 | +0.037% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0344% | 4h | 3.0060 | −0.009% | $1.1M | $1.0M | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0348% | 4h | 3.0080 | +0.057% | $25K | $227K | 25x | as long as short |
| Aster NATGASUSDTlong | +0.0404% | 4h | 3.0063 | long leg | $266K | $73K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0456% / S −0.0396% | 1h | 3.0075 | +0.040% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0486% | 8h | 3.0100 | +0.124% | $1.5M | $193K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0505% | 8h | 3.0060 | −0.009% | $860K | $1.7M | 50x | as long as short |
| BloFin NG-USDTshort | +0.0524% | 8h | 3.0090 | +0.090% | $81K | $192K | 20x | |
| Variational Omni NATGAS | +0.0600% | 4h | 3.0059 | −0.011% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0620% | 4h | 3.0068 | +0.018% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0647% | 4h | 3.0094 | +0.105% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0992% | 1h | 3.0082 | +0.064% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0994% | 4h | 3.0030 | −0.109% | $9.9M | $3.3M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT