Funding you earn now, next payment 02:00 UTC+0.0253%/8h= +27.7% APRpaid last 24h +0.067%
Price spread now: Aster against QFEX−0.029%53s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1021.017% of the position
Funding, last 4 days (all we have)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.029%, 7d avg +0.037%
=Together, before fees+0.212%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.066% cheaper against QFEX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.037%). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.078% in total) that is about 3.0 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.078% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0010 | 0.0019 | pay 0.0002% / 1h | 58m 45s | $658K | $86K | 20x |
| Short | Aster NATGASUSDT | 3.0001 | 0.0272 | get 0.0136% / 4h | 1h 58m | $265K | $73K | 50x |
QFEX NATGAS-USD
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against QFEX. 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
- $53.07
- Price spread: −0.029% → +0.037%
- −$6.6
- Slippage, 4 orders
- −$83.67
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$55.2
- Costs to cover
- 1.017%
- Break-even
- 14.3 days
Slippage from QFEX: live order book, 55 min ago; Aster: live order book, 3 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 QFEX live order book, 55 min ago | 1.67 bp | 6.7 bp −$7 | 6.7 bp −$67 | 10.4 bp −$1,043 | doesn't fit |
| Sell Aster live order book, 3 min ago | 6.66 bp | 16.8 bp −$17 | 18.8 bp −$188 | doesn't fit | doesn't fit |
NATGAS on 26 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 | 2.8385 | −5.415% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.070% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0019% | 1h | 3.0010 | long leg | $658K | $86K | 20x | |
| Extended XNG-USD | +0.0032% | 1h | 2.9992 | −0.060% | $110K | $446K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | 0.000% | — | $378 | 10x | as long as short |
| Lighter NATGAS | +0.0048% | 1h | 3.0019 | +0.030% | $618K | $445K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0007 | −0.010% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0001 | −0.030% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0020 | +0.033% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 3.0022 | +0.039% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Extended XNG-USD
Vest NG-PERP
Lighter NATGAS
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | +0.004% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.033% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0229% | 4h | 3.0028 | +0.060% | $98K | $211K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0244% | 4h | 3.0000 | −0.033% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0272% | 4h | 3.0001 | −0.029% | $265K | $73K | 50x | |
| OKX NG-USDT-SWAP | +0.0368% | 8h | 3.0010 | 0.000% | $863K | $1.7M | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0398% | 4h | 3.0000 | −0.032% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0414% | 8h | 3.0030 | +0.067% | $1.5M | $207K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0425% / S −0.0362% | 1h | 3.0015 | +0.017% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0432% | 4h | 3.0000 | −0.034% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0483% | 4h | 3.0000 | −0.034% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0487% | 4h | 3.0008 | −0.007% | $10.2M | $29.0M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0780% | 4h | 2.9990 | −0.067% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0028 | +0.059% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
OKX NG-USDT-SWAP
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD