Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.2% APRnext payment −$1.15 per $10,000 · paid last 24h −0.045%
Price spread now: Aster against edgeX+0.047%60s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1401.400% of the position
Funding, last 7 days−0.205%−$21 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.047%, 7d avg +0.010%
=Together, before fees−0.229%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.037% dearer against edgeX than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of +0.010%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.205% in total) that is about 31 hours. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0079 | 0.0645 | pay 0.0323% / 4h | 24m 33s | $85K | $211K | 20x |
| Short | Aster NATGASUSDT | 3.0093 | 0.0415 | get 0.0208% / 4h | 24m 33s | $266K | $73K | 50x |
edgeX NATGASUSDC
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. 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
- −$48.35
- Price spread: +0.047% → +0.010%
- $3.74
- Slippage, 4 orders
- −$122.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$184.6
- Costs to cover
- 1.400%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; Aster: live order book, 32 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 edgeX live order book, 32 min ago | 13.34 bp | 33.7 bp −$34 | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 6.66 bp | 13.9 bp −$14 | 16.5 bp −$165 | 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 | 2.8510 | −5.217% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.109% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0090 | +0.036% | $660K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0102 | +0.076% | $620K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0089 | +0.033% | $110K | $419K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.036% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0106 | +0.089% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0111 | +0.106% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0095 | +0.053% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.069% | $37K | $216K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.069% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0100 | +0.069% | $1.5M | $94K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0091 | +0.039% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0115% | 1h | 3.0094 | +0.049% | $6.0M | $5.8M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0213% | 4h | 3.0088 | +0.029% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0352% | 4h | 3.0084 | +0.017% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0366% | 4h | 3.0070 | −0.031% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0415% | 4h | 3.0093 | +0.047% | $266K | $73K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0455% / S −0.0395% | 1h | 3.0095 | +0.053% | $92K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0476% | 8h | 3.0090 | +0.036% | $81K | $189K | 20x | as long as short |
| Gate NG_USDT | +0.0479% | 8h | 3.0120 | +0.136% | $1.5M | $193K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0505% | 8h | 3.0080 | +0.003% | $859K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0610% | 4h | 3.0089 | +0.034% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0630% | 4h | 3.0100 | +0.069% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0645% | 4h | 3.0079 | long leg | $85K | $211K | 20x | |
| Kraken Futures PF_NATGASUSD | +0.0992% | 1h | 3.0108 | +0.095% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1006% | 4h | 3.0050 | −0.097% | $9.9M | $3.3M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT