Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against Aster−0.052%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.052%, 7d avg −0.057%
=Together, before fees+0.018%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0056 | 0.0089 | pay 0.0045% / 4h | 47m 12s | $259K | $74K | 50x |
| Short | KuCoin NATGASUSDTM | 3.0040 | 0.0100 | get 0.0050% / 4h | 47m 12s | $1.1M | $749K | 20x |
Aster NATGASUSDT
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $2.3
- Price spread: −0.052% → −0.057%
- $0.52
- Slippage, 4 orders
- −$71.08
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$88.26
- Costs to cover
- 0.911%
- Break-even
- 275.4 days
Slippage from Aster: live order book, 58 min ago; KuCoin: live order book, 1 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, 58 min ago | 4.99 bp | 35.4 bp −$35 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 1.66 bp | 23.6 bp −$24 | 389.2 bp −$3,892 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 2.9965 | −0.302% | $36K | $599 | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0029 | −0.090% | $14K | $194K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8426 | −5.422% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.054% | $2K | $1.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0077 | +0.071% | $119K | $220K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0003% | 1h | 3.0030 | −0.085% | $595K | $101K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0056 | +0.001% | $647K | $705K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0047 | −0.030% | $123K | $369K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0040 | −0.052% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0043 | −0.042% | $6.0M | $4.9M | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0050% | 8h | 3.0033 | −0.074% | $5K | — | 5x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9942 | −0.378% | $84K | $28K | 10x | as long as short |
| Aster NATGASUSDTlong | +0.0089% | 4h | 3.0056 | long leg | $259K | $74K | 50x | |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | −0.145% | $68K | $39K | 10x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0100% | 4h | 3.0040 | −0.052% | $1.1M | $749K | 20x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.185% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.185% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.119% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0183% | 4h | 2.9957 | −0.328% | $355K | $419K | — | as long as short |
| Binance NATGASUSDT | +0.0239% | 4h | 3.0063 | +0.024% | $10.0M | $32.8M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0240% | 1h | 3.0056 | 0.000% | $53K | $48K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0261% | 4h | 3.0013 | −0.141% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0327% | 8h | 3.0070 | +0.048% | $1.5M | $158K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0356% | 8h | 3.0050 | −0.019% | $841K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0382% | 8h | 3.0050 | −0.019% | $81K | $202K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0403% / S −0.0375% | 1h | 3.0065 | +0.031% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0798% | 4h | 3.0040 | −0.052% | $10.0M | $2.7M | 100x | as long as short |
Paradex NG-USD-PERP
Ondo Perps NATGAS-USD.P
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT