Funding you earn now, next payment 10:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h −0.051%
Price spread now: tradeXYZ against Aster+0.050%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.050%, 7d avg −0.053%
=Together, before fees−0.128%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.103% dearer against Aster than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of −0.053%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.043% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 2.9945 | 0.0215 | pay 0.0108% / 4h | 2h 56m | $264K | $68K | 50x |
| Short | tradeXYZ xyz:NATGAS | 2.9960 | 0.0050 | get 0.0006% / 1h | 56m 23s | $5.9M | $5.6M | 10x |
Aster NATGASUSDT
tradeXYZ xyz:NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$34.69
- Price spread: +0.050% → −0.053%
- $10.28
- Slippage, 4 orders
- −$50.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$100.62
- Costs to cover
- 0.762%
- Break-even
- never at this rate
Slippage from Aster: live order book, 35 min ago; tradeXYZ: 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, 35 min ago | 4.99 bp | 39.6 bp −$40 | 228.0 bp −$2,280 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.50 bp | 11.1 bp −$11 | 14.6 bp −$146 | 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 | 2.8324 | −5.414% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9981 | +0.120% | $2K | $2.1M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9960 | +0.050% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9969 | +0.080% | $632K | $484K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9962 | +0.058% | $112K | $259K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.083% | — | $14K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0047% | 4h | 2.9977 | +0.106% | $118K | $221K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 2.9953 | +0.026% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGASshort | +0.0050% | 1h | 2.9960 | +0.050% | $5.9M | $5.6M | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | +0.093% | $84K | $28K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0076% | 8h | 2.9971 | +0.086% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9947 | +0.005% | $70K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.151% | $36K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.151% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.050% | $1.5M | $92K | 10x | as long as short |
| Aster NATGASUSDTlong | +0.0215% | 4h | 2.9945 | long leg | $264K | $68K | 50x | |
| KuCoin NATGASUSDTM | +0.0228% | 4h | 2.9960 | +0.050% | $1.1M | $849K | 20x | as long as short |
| Gate NG_USDT | +0.0244% | 8h | 3.0000 | +0.183% | $1.5M | $198K | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0282% | 4h | 2.9946 | +0.004% | $20K | $205K | 25x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9959 | +0.047% | $53K | $45K | 20x | as long as short |
| Binance NATGASUSDT | +0.0404% | 4h | 2.9964 | +0.062% | $9.8M | $31.6M | 100x | as long as short |
| Variational Omni NATGAS | +0.0405% | 4h | 2.9949 | +0.014% | $355K | $429K | — | as long as short |
| edgeX NATGASUSDC | +0.0438% | 4h | 2.9959 | +0.048% | $85K | $211K | 20x | as long as short |
| BloFin NG-USDT | +0.0476% | 8h | 2.9960 | +0.050% | $77K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0488% | 8h | 2.9950 | +0.016% | $812K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0602% | 1h | 2.9965 | +0.066% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0856% | 4h | 2.9940 | −0.017% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT