Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.5% APRpaid last 24h +0.067%
Price spread now: Aster against QFEX+0.067%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 3 days (all we have)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.067%, 7d avg +0.037%
=Together, before fees+0.131%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.029% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0010 | 0.0015 | pay 0.0002% / 1h | 22m 27s | $659K | $85K | 20x |
| Short | Aster NATGASUSDT | 3.0030 | 0.0083 | get 0.0041% / 4h | 3h 22m | $266K | $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
- $14.3
- Price spread: +0.067% → +0.037%
- $2.92
- Slippage, 4 orders
- −$81.11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$81.89
- Costs to cover
- 0.991%
- Break-even
- 47.1 days
Slippage from QFEX: live order book, 37 min ago; Aster: live order book, 49 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, 37 min ago | 3.34 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.7 bp −$1,270 | doesn't fit |
| Sell Aster live order book, 49 min ago | 5.00 bp | 15.1 bp −$15 | 17.6 bp −$176 | 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 | 2.8381 | −5.428% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.107% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0015% | 1h | 3.0010 | long leg | $659K | $85K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | +0.023% | $617K | $414K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0008 | −0.008% | $112K | $452K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0010 | 0.000% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0046 | +0.120% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0027 | +0.056% | $5K | — | 5x | as long as short |
| Aster NATGASUSDTshort | +0.0083% | 4h | 3.0030 | +0.067% | $266K | $73K | 50x |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9998 | −0.040% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | 0.000% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $216K | 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 |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0011 | +0.003% | $35K | — | 20x | as long as short |
| Variational Omni NATGAS | +0.0154% | 4h | 3.0030 | +0.067% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0200% | 8h | 2.9990 | −0.067% | $81K | $189K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0220% | 4h | 3.0054 | +0.147% | $98K | $211K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0221% | 8h | 3.0020 | +0.033% | $863K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0250% | 4h | 3.0020 | +0.033% | $10.1M | $29.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0261% | 4h | 3.0032 | +0.074% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0328% | 4h | 2.9980 | −0.100% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0378% | 4h | 3.0030 | +0.067% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0409% / S −0.0346% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0457% | 8h | 3.0040 | +0.100% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0026 | +0.052% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
Variational Omni NATGAS
BloFin NG-USDT
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD