Funding you earn now, next payment 06:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h −0.068%
Price spread now: Hotstuff against Aster−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hotstuff is 0.040% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0060 | 0.0432 | pay 0.0216% / 4h | 2h 59m | $264K | $74K | 50x |
| Short | Hotstuff NATGAS-PERP | 3.0048 | 0.0128 | get 0.0016% / 1h | 59m 34s | $35K | — | 20x |
Aster NATGASUSDT
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$63.8
- Price spread: −0.040% → 0.000%
- −$3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$80.79
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 52 min ago; Hotstuff: no order-book sample. Net counts fees only.
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, 52 min ago | 6.65 bp | 41.8 bp −$42 | 238.1 bp −$2,381 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 2.8434 | −5.409% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.040% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.067% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0042 | −0.060% | $629K | $503K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.100% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0036 | −0.080% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0091% | 8h | 3.0061 | +0.003% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0032 | −0.093% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.200% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythosShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | 0.000% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERPshort | +0.0128% | 1h | 3.0048 | −0.040% | $35K | — | 20x | |
| Extended XNG-USD | +0.0176% | 1h | 3.0033 | −0.089% | $110K | $364K | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0192% | 1h | 3.0048 | −0.040% | $6.0M | $5.6M | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0368% | 4h | 3.0040 | −0.067% | $1.0M | $982K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0420% | 4h | 3.0040 | −0.068% | $13K | $223K | 25x | as long as short |
| Aster NATGASUSDTlong | +0.0432% | 4h | 3.0060 | long leg | $264K | $74K | 50x | |
| HTX NATGAS-USDT | +0.0446% | 4h | 3.0072 | +0.040% | $107K | $212K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0499% / S −0.0443% | 1h | 3.0055 | −0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0559% | 8h | 3.0090 | +0.100% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0594% | 8h | 3.0040 | −0.067% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0621% | 8h | 3.0030 | −0.100% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0639% | 4h | 3.0050 | −0.034% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0666% | 4h | 3.0050 | −0.033% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0681% | 4h | 3.0050 | −0.034% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0068 | +0.027% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1036% | 4h | 3.0020 | −0.133% | $9.9M | $3.2M | 100x | as long as short |
Phemex NGUSDT
Extended XNG-USD
tradeXYZ xyz:NATGAS
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT