Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.030%
Price spread now: Aster against GRVT+0.120%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$690.695% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.120%, 7d avg +0.013%
=Together, before fees−0.090%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.107% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NATGAS_USDT_Perp | 2.9960 | 0 | get 0.0000% / 4h | 2h 19m | $20K | $208K | 25x |
| Short | Aster NATGASUSDT | 2.9996 | 0.0072 | get 0.0036% / 4h | 2h 19m | $258K | $74K | 50x |
GRVT NATGAS_USDT_Perp
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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
- $15.09
- Price spread: +0.120% → +0.013%
- $10.66
- Slippage, 4 orders
- −$52.45
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.7
- Costs to cover
- 0.695%
- Break-even
- 27.3 days
Slippage from GRVT: live order book, 31 min ago; Aster: live order book, 30 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 GRVT live order book, 31 min ago | 1.67 bp | 12.0 bp −$12 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Aster live order book, 30 min ago | 5.00 bp | 15.1 bp −$15 | 18.7 bp −$187 | 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 | −0.0024% | 1h | 2.9977 | +0.057% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perplong | 0.0000% | 4h | 2.9960 | long leg | $20K | $208K | 25x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8350 | −5.374% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9992 | +0.107% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9991 | +0.103% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | +0.033% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9977 | +0.057% | $681K | $753K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9978 | +0.059% | $141K | $361K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | +0.100% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9976 | +0.053% | $5.9M | $5.7M | 10x | as long as short |
Hotstuff NATGAS-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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9987 | +0.090% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 2.9983 | +0.078% | $5K | — | 5x | as long as short |
| Aster NATGASUSDTshort | +0.0072% | 4h | 2.9996 | +0.120% | $258K | $74K | 50x | |
| Pacifica NATGAS | +0.0100% | 1h | 2.9960 | +0.001% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.134% | $37K | $213K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.134% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | +0.033% | $1.5M | $92K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0190% | 4h | 2.9970 | +0.033% | $1.1M | $821K | 20x | as long as short |
| Variational Omni NATGAS | +0.0217% | 4h | 2.9969 | +0.030% | $355K | $429K | — | as long as short |
| Binance NATGASUSDT | +0.0258% | 4h | 2.9970 | +0.033% | $9.7M | $31.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0266% | 4h | 2.9969 | +0.029% | $85K | $211K | 20x | as long as short |
| Gate NG_USDT | +0.0268% | 8h | 3.0010 | +0.167% | $1.5M | $204K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9976 | +0.052% | $54K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0415% | 8h | 2.9980 | +0.067% | $839K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0441% | 8h | 2.9960 | 0.000% | $78K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0538% / S −0.0542% | 1h | 2.9975 | +0.050% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0784% | 4h | 2.9950 | −0.033% | $9.9M | $2.9M | 100x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
Kraken Futures PF_NATGASUSD
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT