Funding you earn now, next payment 10:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.051%
Price spread now: Aster against tradeXYZ+0.064%7-day average +0.053% · 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−$72as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.064%, 7d avg +0.053%
=Together, before fees−0.023%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NATGAS | 2.9972 | 0.0050 | pay 0.0006% / 1h | 15m 46s | $6.0M | $5.7M | 10x |
| Short | Aster NATGASUSDT | 2.9991 | 0.0060 | get 0.0030% / 4h | 2h 15m | $258K | $74K | 50x |
tradeXYZ xyz:NATGAS
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- $2.11
- Price spread: +0.064% → +0.053%
- $1.12
- Slippage, 4 orders
- −$46.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$69.58
- Costs to cover
- 0.728%
- Break-even
- 238.0 days
Slippage from tradeXYZ: live order book, 6 min ago; Aster: live order book, 34 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 tradeXYZ live order book, 6 min ago | 0.67 bp | 10.2 bp −$10 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Aster live order book, 34 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 | −0.0072% | 1h | 2.9983 | +0.037% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9961 | −0.036% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8346 | −5.425% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9992 | +0.067% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9980 | +0.027% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9970 | −0.007% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9964 | −0.027% | $681K | $756K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9965 | −0.025% | $141K | $361K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9980 | +0.027% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGASlong | +0.0050% | 1h | 2.9972 | long leg | $6.0M | $5.7M | 10x |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERPShow 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 | 2.9955 | −0.057% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 2.9973 | +0.002% | $5K | — | 5x | as long as short |
| Aster NATGASUSDTshort | +0.0060% | 4h | 2.9991 | +0.064% | $258K | $74K | 50x | |
| Pacifica NATGAS | +0.0100% | 1h | 2.9955 | −0.057% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.093% | $37K | $213K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.093% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | −0.007% | $1.5M | $92K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0186% | 4h | 2.9970 | −0.007% | $1.1M | $819K | 20x | as long as short |
| Variational Omni NATGAS | +0.0199% | 4h | 2.9959 | −0.045% | $355K | $429K | — | as long as short |
| Binance NATGASUSDT | +0.0247% | 4h | 2.9960 | −0.040% | $9.7M | $31.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0269% | 4h | 2.9969 | −0.011% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0276% | 8h | 3.0010 | +0.127% | $1.5M | $204K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9966 | −0.019% | $54K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0411% | 8h | 2.9970 | −0.007% | $838K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0416% | 8h | 2.9970 | −0.007% | $78K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0538% / S −0.0542% | 1h | 2.9965 | −0.023% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0776% | 4h | 2.9940 | −0.107% | $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