Funding you earn now, next payment 12:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.69 per $10,000 · paid last 24h +0.007%
Price spread now: Aster against KuCoin0.000%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$950.949% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now 0.000%, 7d avg +0.056%
=Together, before fees+0.041%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.056% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0000 | 0.0138 | pay 0.0069% / 4h | 1h 48m | $1.1M | $801K | 20x |
| Short | Aster NATGASUSDT | 3.0000 | 0 | get 0.0000% / 4h | 1h 48m | $258K | $74K | 50x |
KuCoin NATGASUSDTM
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$28.98
- Price spread: 0.000% → +0.056%
- −$5.65
- Slippage, 4 orders
- −$74.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$129.52
- Costs to cover
- 0.949%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 61 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 KuCoin live order book, 5 min ago | 1.67 bp | 20.0 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 61 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 | −0.1600% | 1h | 3.0035 | +0.117% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0031 | +0.105% | $55K | $45K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0010 | +0.033% | $661K | $99K | 20x | as long as short |
| Aster NATGASUSDTshort | 0.0000% | 4h | 3.0000 | 0.000% | $258K | $74K | 50x | |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0000 | 0.000% | $19K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8360 | −5.467% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.140% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0028 | +0.093% | $118K | $220K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0008 | +0.027% | $650K | $790K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0008 | +0.026% | $122K | $368K | 5x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USDShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0003 | +0.010% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9960 | −0.133% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0020 | +0.067% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0086% | 4h | 2.9977 | −0.075% | $355K | $426K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0003 | +0.010% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.333% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.100% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0138% | 4h | 3.0000 | long leg | $1.1M | $801K | 20x | |
| edgeX NATGASUSDC | +0.0157% | 4h | 2.9982 | −0.059% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0158% | 4h | 3.0020 | +0.067% | $10.0M | $32.5M | 100x | as long as short |
| Gate NG_USDT | +0.0271% | 8h | 3.0050 | +0.167% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDT | +0.0336% | 8h | 3.0000 | 0.000% | $80K | $201K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0351% | 8h | 3.0010 | +0.033% | $833K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 2.9995 | −0.017% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0702% | 4h | 2.9990 | −0.033% | $9.9M | $2.9M | 100x | as long as short |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
edgeX NATGASUSDC
Binance NATGASUSDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT