Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.030%
Price spread now: Gate against Aster+0.132%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days+0.374%+$37 on $10k
+Price spread, last 4 days (all we have)−0.256%−$26 · spread now +0.132%, 7d avg +0.009%
=Together, before fees+0.118%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.123% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0010 | 0.0405 | pay 0.0203% / 4h | 45m 02s | $265K | $73K | 50x |
| Short | Gate NG_USDT | 3.0050 | 0.0445 | get 0.0445% / 8h | 4h 45m | $1.5M | $189K | 100x |
Aster NATGASUSDT
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $8.37
- Price spread: +0.132% → +0.009%
- $12.27
- Slippage, 4 orders
- −$99.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$102.31
- Costs to cover
- 1.230%
- Break-even
- 92.6 days
Slippage from Aster: live order book, 12 min ago; Gate: 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, 12 min ago | 6.66 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.66 bp | 18.5 bp −$19 | 47.5 bp −$475 | doesn't fit | 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 | 2.8435 | −5.249% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.069% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0010 | −0.001% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0029 | +0.062% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.001% | — | $378 | 10x | as long as short |
| Extended XNG-USD | +0.0048% | 1h | 3.0006 | −0.014% | $110K | $443K | 5x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.065% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0022 | +0.038% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0088% | 1h | 3.0015 | +0.015% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0096% | 1h | 3.0022 | +0.039% | $6.0M | $5.9M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Extended XNG-USD
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0003 | −0.025% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.035% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.035% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.032% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0217% | 4h | 3.0033 | +0.075% | $105K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0362% | 4h | 3.0010 | −0.001% | $1.1M | $1.0M | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0362% | 4h | 3.0000 | −0.034% | $25K | $227K | 25x | as long as short |
| Aster NATGASUSDTlong | +0.0405% | 4h | 3.0010 | long leg | $265K | $73K | 50x | |
| Gate NG_USDTshort | +0.0445% | 8h | 3.0050 | +0.132% | $1.5M | $189K | 100x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0446% / S −0.0385% | 1h | 3.0015 | +0.015% | $92K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0467% | 8h | 2.9990 | −0.068% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0473% | 8h | 3.0010 | −0.001% | $853K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0594% | 4h | 3.0009 | −0.003% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0618% | 4h | 3.0020 | +0.032% | $10.2M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0635% | 4h | 3.0010 | −0.002% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0992% | 4h | 2.9990 | −0.068% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0026 | +0.051% | $53K | $34K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD