Funding you earn now, next payment 22:00 UTC−0.0434%/8h= −47.5% APRpaid last 24h −0.070%
Price spread now: Extended against Aster−0.079%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.079%, 7d avg −0.019%
=Together, before fees+0.080%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Extended is 0.059% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 2.9940 | 0.0826 | pay 0.0413% / 4h | 2h 11m | $265K | $105K | 50x |
| Short | Extended XNG-USD | 2.9916 | 0.0392 | get 0.0049% / 1h | 11m 33s | $112K | $1.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$91.14
- Price spread: −0.079% → −0.019%
- −$5.93
- Slippage, 4 orders
- −$58.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$168.12
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from Aster: live order book, 10 min ago; Extended: live order book, 2 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, 10 min ago | 5.01 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.50 bp | 3.4 bp −$3 | 8.0 bp −$80 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9961 | +0.070% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9930 | −0.033% | $657K | $120K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9950 | +0.033% | $618K | $412K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.8310 | −5.444% | — | $378 | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9942 | +0.006% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.134% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9940 | 0.000% | $1.5M | $104K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0220% | 8h | 2.9966 | +0.088% | $5K | — | 5x | as long as short |
| Gate NG_USDT | +0.0260% | 8h | 2.9960 | +0.067% | $1.5M | $384K | 100x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USDshort | +0.0392% | 1h | 2.9916 | −0.079% | $112K | $1.2M | 5x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0416% / S −0.0333% | 1h | 2.9945 | +0.017% | $93K | — | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0416% | 1h | 2.9955 | +0.050% | $35K | — | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0453% | 8h | 2.9920 | −0.067% | $895K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0467% | 8h | 2.9910 | −0.100% | $84K | $190K | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0496% | 1h | 2.9928 | −0.040% | $84K | $66K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0502% | 1h | 2.9952 | +0.040% | $5.9M | $6.8M | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0518% | 4h | 2.9920 | −0.067% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0682% | 4h | 2.9952 | +0.040% | $98K | $219K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0722% | 4h | 2.9930 | −0.032% | $13K | $255K | 25x | as long as short |
| Variational Omni NATGAS | +0.0811% | 4h | 2.9944 | +0.012% | $310K | $491K | — | as long as short |
| Aster NATGASUSDTlong | +0.0826% | 4h | 2.9940 | long leg | $265K | $105K | 50x | |
| edgeX NATGASUSDC | +0.0867% | 4h | 2.9943 | +0.011% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0881% | 4h | 2.9940 | 0.000% | $10.1M | $33.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1128% | 1h | 2.9966 | +0.085% | $52K | $55K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1194% | 4h | 2.9910 | −0.100% | $9.9M | $4.4M | 100x | as long as short |
Aster NATGASUSDT
Extended XNG-USD
SunX NATGAS-USDT
Lighter NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
Paradex NG-USD-PERP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
tradeXYZ xyz:NATGAS
KuCoin NATGASUSDTM
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT