Funding you earn now, next payment 01:00 UTC−0.0080%/8h= −8.7% APRpaid last 24h +0.064%
Price spread now: Aster against Hotstuff−0.020%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
=Together, before fees—+ Points / potential airdropHotstuff: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.020% cheaper against Hotstuff than usual: you would sell low and buy high (−$2 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 | Hotstuff NATGAS-PERP | 2.9966 | 0.0112 | pay 0.0014% / 1h | 56m 08s | $35K | — | 20x |
| Short | Aster NATGASUSDT | 2.9960 | 0.0032 | get 0.0016% / 4h | 3h 56m | $265K | $73K | 50x |
Hotstuff NATGAS-PERP
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Hotstuff. 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
- −$16.7
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$31.71
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Aster: live order book, 16 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 16 min ago | 5.00 bp | 15.1 bp −$15 | 17.6 bp −$176 | doesn't fit | doesn't fit |
Hotstuff: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate NG_USDT | 0.0000% | 8h | 3.0000 | +0.113% | $1.5M | $254K | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9953 | −0.044% | $13K | $238K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8339 | −5.429% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0001 | +0.117% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 2.9970 | +0.013% | $658K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9966 | +0.001% | $110K | $453K | 5x | as long as short |
| Aster NATGASUSDTshort | +0.0032% | 4h | 2.9960 | −0.020% | $265K | $73K | 50x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.013% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9950 | −0.053% | $84K | $42K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0060% | 8h | 2.9985 | +0.063% | $5K | — | 5x | as long as short |
Gate NG_USDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NATGAS | +0.0061% | 4h | 2.9971 | +0.017% | $311K | $443K | — | as long as short |
| tradeXYZ xyz:NATGAS | +0.0064% | 1h | 2.9971 | +0.017% | $5.9M | $6.0M | 10x | as long as short |
| Lighter NATGAS | +0.0072% | 1h | 2.9997 | +0.103% | $617K | $412K | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9967 | +0.004% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9960 | −0.020% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.220% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.113% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9990 | +0.080% | $1.5M | $95K | 10x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0112% | 1h | 2.9966 | long leg | $35K | — | 20x | |
| OKX NG-USDT-SWAP | +0.0133% | 8h | 2.9970 | +0.013% | $857K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0138% | 8h | 2.9960 | −0.020% | $80K | $189K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0164% | 4h | 2.9961 | −0.017% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0169% | 4h | 2.9986 | +0.065% | $10.1M | $29.7M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0184% | 4h | 2.9950 | −0.053% | $10.0M | $3.5M | 100x | as long as short |
| HTX NATGAS-USDT | +0.0374% | 4h | 3.0001 | +0.117% | $98K | $211K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9985 | +0.063% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1002% | 1h | 2.9993 | +0.089% | $52K | $39K | 20x | as long as short |
Variational Omni NATGAS
tradeXYZ xyz:NATGAS
Lighter NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
OKX NG-USDT-SWAP
BloFin NG-USDT
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD