Funding you earn now, next payment 23:00 UTC−0.0084%/8h= −9.1% APRpaid last 24h −0.081%
Price spread now: Aster against Kraken Futures−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.439%−$44 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 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 | Kraken Futures PF_NATGASUSD | 2.9949 | 0.0515 | pay 0.0064% / 1h | 3m 34s | $52K | $40K | 20x |
| Short | Aster NATGASUSDT | 2.9941 | 0.0431 | get 0.0216% / 4h | 1h 03m | $265K | $105K | 50x |
Kraken Futures PF_NATGASUSD
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$17.54
- Price spread: −0.027% → 0.000%
- −$2.73
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$38.27
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 13 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 13 min ago | 5.01 bp | 12.2 bp −$12 | 15.6 bp −$156 | doesn't fit | doesn't fit |
Kraken Futures: 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 | 2.8281 | −5.570% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9952 | +0.009% | $2K | $2.6M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9936 | −0.044% | $619K | $411K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | −0.064% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9950 | +0.003% | $84K | $45K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0054% | 1h | 2.9920 | −0.098% | $5.9M | $6.0M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0097% | 8h | 2.9930 | −0.064% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9917 | −0.108% | $68K | $34K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9920 | −0.098% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.164% | $36K | $216K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
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 | 2.9900 | −0.164% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9930 | −0.064% | $1.5M | $99K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0139% | 4h | 2.9954 | +0.016% | $98K | $215K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0160% | 1h | 2.9930 | −0.064% | $657K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0184% | 1h | 2.9928 | −0.071% | $35K | — | 20x | as long as short |
| Gate NG_USDT | +0.0219% | 8h | 2.9960 | +0.036% | $1.5M | $307K | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0252% | 4h | 2.9940 | −0.031% | $13K | $246K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0278% | 8h | 2.9930 | −0.064% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0308% | 8h | 2.9930 | −0.064% | $80K | $189K | 20x | as long as short |
| Extended XNG-USD | +0.0312% | 1h | 2.9916 | −0.112% | $110K | $471K | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9935 | −0.047% | $93K | — | 45x | as long as short |
| Aster NATGASUSDTshort | +0.0431% | 4h | 2.9941 | −0.027% | $265K | $105K | 50x | |
| Variational Omni NATGAS | +0.0478% | 4h | 2.9931 | −0.061% | $311K | $444K | — | as long as short |
| Kraken Futures PF_NATGASUSDlong | +0.0515% | 1h | 2.9949 | long leg | $52K | $40K | 20x | |
| Binance NATGASUSDT | +0.0532% | 4h | 2.9936 | −0.045% | $10.1M | $30.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0571% | 4h | 2.9931 | −0.061% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0688% | 4h | 2.9900 | −0.164% | $10.0M | $3.9M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Gate NG_USDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
BloFin NG-USDT
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT