Funding you earn now, next payment 22:00 UTC+0.0459%/8h= +50.2% APRpaid last 24h +0.070%
Price spread now: Aster against Extended+0.072%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.072%, 7d avg +0.019%
=Together, before fees−0.074%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aster is 0.053% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 2.9918 | 0.0376 | pay 0.0047% / 1h | 8m 48s | $112K | $1.2M | 5x |
| Short | Aster NATGASUSDT | 2.9940 | 0.0835 | get 0.0417% / 4h | 2h 08m | $265K | $105K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Extended. 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
- $96.29
- Price spread: +0.072% → +0.019%
- $5.32
- Slippage, 4 orders
- −$58.05
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $30.56
- Costs to cover
- 0.711%
- Break-even
- 4.8 days
Slippage from Extended: live order book, 5 min ago; Aster: live order book, 13 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 Extended live order book, 5 min ago | 0.50 bp | 5.4 bp −$5 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Aster live order book, 13 min ago | 5.01 bp | 15.1 bp −$15 | 20.4 bp −$204 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9962 | +0.146% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9920 | +0.006% | $656K | $120K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9951 | +0.109% | $618K | $412K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.8310 | −5.376% | — | $378 | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9942 | +0.079% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.061% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.061% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9940 | +0.072% | $1.5M | $104K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0220% | 8h | 2.9968 | +0.167% | $5K | — | 5x | as long as short |
| Gate NG_USDT | +0.0254% | 8h | 2.9960 | +0.139% | $1.5M | $384K | 100x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USDlong | +0.0376% | 1h | 2.9918 | long leg | $112K | $1.2M | 5x | |
| Hotstuff NATGAS-PERP | +0.0408% | 1h | 2.9956 | +0.126% | $35K | — | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0416% / S −0.0333% | 1h | 2.9945 | +0.089% | $93K | — | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0447% | 8h | 2.9920 | +0.006% | $895K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0460% | 8h | 2.9920 | +0.006% | $84K | $190K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0493% | 1h | 2.9952 | +0.113% | $5.9M | $6.8M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0500% | 1h | 2.9928 | +0.032% | $84K | $66K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0514% | 4h | 2.9920 | +0.006% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0704% | 4h | 2.9963 | +0.149% | $98K | $219K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0794% | 4h | 2.9940 | +0.071% | $13K | $255K | 25x | as long as short |
| Variational Omni NATGAS | +0.0829% | 4h | 2.9944 | +0.087% | $310K | $491K | — | as long as short |
| Aster NATGASUSDTshort | +0.0835% | 4h | 2.9940 | +0.072% | $265K | $105K | 50x | |
| edgeX NATGASUSDC | +0.0888% | 4h | 2.9944 | +0.086% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0893% | 4h | 2.9940 | +0.072% | $10.1M | $33.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1128% | 1h | 2.9966 | +0.158% | $52K | $55K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1194% | 4h | 2.9900 | −0.061% | $9.9M | $4.4M | 100x | as long as short |
Extended XNG-USD
Aster NATGASUSDT
SunX NATGAS-USDT
Lighter NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
Paradex NG-USD-PERP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
tradeXYZ xyz:NATGAS
KuCoin NATGASUSDTM
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT