Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0207%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h +0.046%
Price spread now: edgeX against Aster−0.089%100s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1061.061% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.089%, 7d avg −0.013%
Together, before fees+0.293%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.076% cheaper against Aster than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.013%). If the spread goes back, that is −$8 on $10k: about 30 hours of funding at the current rate (+$6 a day). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT2.99910.0040pay 0.0020% / 4h2h 07m$258K$74K50x
ShortedgeX NATGASUSDC2.99640.0247get 0.0123% / 4h2h 07m$85K$211K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$43.41
Price spread: −0.089% → −0.013%
−$7.65
Slippage, 4 orders
−$89.13
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$70.37
Costs to cover
1.061%
Break-even
18.3 days
Slippage from Aster: live order book, 42 min ago; edgeX: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 42 min ago5.00 bp36.2 bp −$36215.9 bp −$2,159doesn't fitdoesn't fit
Sell edgeX live order book, 42 min ago13.36 bp21.1 bp −$2130.3 bp −$303doesn't fitdoesn't fit

NATGAS on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.0088%1h2.9988−0.010%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9964−0.091%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8356−5.451%as long as short
SunX NATGAS-USDT0.0000%4h2.9982−0.030%$2K$1.8M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9973−0.060%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0024%1h2.9960−0.103%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9975−0.053%$681K$758K10xas long as short
Extended XNG-USD+0.0032%1h2.9976−0.051%$141K$349K5xas long as short
Aster NATGASUSDTlong+0.0040%4h2.9991long leg$258K$74K50x
Vest NG-PERP+0.0046%1h2.9990−0.003%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h2.9975−0.053%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9954−0.123%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0052%8h2.9974−0.057%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9960−0.102%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.030%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.030%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960−0.103%$1.5M$92K10xas long as short
KuCoin NATGASUSDTM+0.0174%4h2.9970−0.070%$1.1M$815K20xas long as short
Variational Omni NATGAS+0.0176%4h2.9968−0.075%$355K$429Kas long as short
Binance NATGASUSDT+0.0216%4h2.9960−0.103%$9.7M$31.6M100xas long as short
edgeX NATGASUSDCshort+0.0247%4h2.9964−0.089%$85K$211K20x
Gate NG_USDT+0.0273%8h2.9990−0.003%$1.5M$205K100xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9964−0.089%$54K$46K20xas long as short
OKX NG-USDT-SWAP+0.0396%8h2.9960−0.103%$835K$2.0M50xas long as short
BloFin NG-USDT+0.0415%8h2.9970−0.070%$77K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0542%1h2.9965−0.086%$88K45xas long as short
Bitget NATGASUSDT+0.0748%4h2.9940−0.170%$9.9M$2.9M100xas long as short