Funding you earn now, next payment 03:00 UTC−0.0039%/8h= −4.2% APRpaid last 24h −0.078%
Price spread now: Aster against GMX−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.039% cheaper against GMX 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 | GMX NATGAS/USD [ETH-USDC] | 3.0005 | L +0.0437% / S −0.0376% | pay 0.0055% / 1h | 9m 41s | $92K | — | 45x |
| Short | Aster NATGASUSDT | 2.9993 | 0.0398 | get 0.0199% / 4h | 1h 09m | $265K | $73K | 50x |
GMX NATGAS/USD [ETH-USDC]
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$8.13
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$32.01
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 52 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 52 min ago | 6.66 bp | 16.8 bp −$17 | 18.8 bp −$188 | doesn't fit | doesn't fit |
GMX: 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 | 2.8426 | −5.262% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.090% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 2.9990 | −0.050% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9995 | −0.033% | $618K | $494K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 2.9996 | −0.030% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.017% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0029 | +0.080% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0062% | 8h | 3.0006 | +0.004% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0083% | 1h | 2.9996 | −0.030% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9971 | −0.113% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.017% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.017% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | −0.017% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 2.9981 | −0.081% | $110K | $443K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0240% | 4h | 3.0033 | +0.093% | $104K | $217K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0376% | 4h | 2.9990 | −0.050% | $1.1M | $1.1M | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0390% | 4h | 3.0017 | +0.040% | $25K | $227K | 25x | as long as short |
| Aster NATGASUSDTshort | +0.0398% | 4h | 2.9993 | −0.039% | $265K | $73K | 50x | |
| GMX NATGAS/USD [ETH-USDC]long | L +0.0437% / S −0.0376% | 1h | 3.0005 | long leg | $92K | — | 45x | |
| BloFin NG-USDT | +0.0447% | 8h | 2.9990 | −0.050% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0461% | 8h | 3.0000 | −0.017% | $852K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0462% | 8h | 3.0040 | +0.117% | $1.5M | $209K | 100x | as long as short |
| Variational Omni NATGAS | +0.0573% | 4h | 3.0009 | +0.014% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0608% | 4h | 3.0000 | −0.017% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0612% | 4h | 3.0009 | +0.015% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0980% | 4h | 2.9980 | −0.083% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0017 | +0.041% | $53K | $34K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD