Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: Aster against KuCoin+0.096%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.096%, 7d avg +0.056%
=Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.040% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NATGASUSDTM | 3.0010 | 0.0328 | pay 0.0164% / 4h | 3h 37m | $1.0M | $1.0M | 20x |
| Short | Aster NATGASUSDT | 3.0039 | 0.0376 | get 0.0188% / 4h | 3h 37m | $263K | $74K | 50x |
Funding 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
- $10.03
- Price spread: +0.096% → +0.056%
- $4.03
- Slippage, 4 orders
- −$72.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$78.75
- Costs to cover
- 0.928%
- Break-even
- 61.9 days
Slippage from KuCoin: live order book, 2 min ago; Aster: live order book, 14 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, 2 min ago | 3.33 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 14 min ago | 6.65 bp | 16.9 bp −$17 | 18.8 bp −$188 | doesn't fit | doesn't fit |
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 | 2.8405 | −5.348% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.103% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0007 | −0.010% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0010 | 0.000% | $668K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0003 | −0.023% | $626K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.040% | $110K | $395K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | 0.000% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | −0.037% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0061% | 1h | 3.0009 | −0.003% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0073% | 8h | 3.0024 | +0.045% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9991 | −0.063% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $217K | 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 | $93K | 10x | as long as short |
| KuCoin NATGASUSDTMlong | +0.0328% | 4h | 3.0010 | long leg | $1.0M | $1.0M | 20x | |
| Aster NATGASUSDTshort | +0.0376% | 4h | 3.0039 | +0.096% | $263K | $74K | 50x | |
| HTX NATGAS-USDT | +0.0390% | 4h | 3.0054 | +0.147% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0468% | 4h | 3.0020 | +0.033% | $12K | $230K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0472% / S −0.0414% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0530% | 8h | 3.0050 | +0.133% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0538% | 8h | 3.0020 | +0.033% | $81K | $193K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0559% | 8h | 3.0010 | 0.000% | $863K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +0.032% | $316K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0598% | 4h | 3.0025 | +0.049% | $10.2M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0600% | 4h | 3.0010 | −0.001% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0038 | +0.092% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0976% | 4h | 2.9990 | −0.067% | $9.9M | $3.2M | 100x | as long as short |
KuCoin NATGASUSDTM
Aster NATGASUSDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT