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 04:00 UTC+0.0405%/8h= +44.4% APRnext payment +$2.03 per $10,000 · paid last 24h +0.073%
Price spread now: Aster against SunX−0.097%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.097%, 7d avg −0.051%
Together, before fees+0.176%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.051%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.152% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00720get 0.0000% / 4h36m 58s$2K$2.4M20x
ShortAster NATGASUSDT3.00430.0405get 0.0203% / 4h36m 58s$266K$73K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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
$85.13
Price spread: −0.097% → −0.051%
−$4.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$64.49
Costs to cover
0.160%
Break-even
1.7 days
Slippage unknown: SunX: live order book, 10 min ago; Aster: live order book, 20 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago500.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 20 min ago6.66 bp13.9 bp −$1416.5 bp −$165doesn't fitdoesn't fit

NATGAS on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8469−5.331%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0072long leg$2K$2.4M20x
QFEX NATGAS-USD+0.0022%1h3.0040−0.106%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0050−0.073%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0037−0.117%$110K$434K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0054−0.060%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.073%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0080+0.027%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0056%8h3.0061−0.037%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0048−0.080%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.239%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.239%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0050−0.073%$1.5M$94K10xas long as short
tradeXYZ xyz:NATGAS+0.0107%1h3.0050−0.073%$6.0M$5.9M10xas long as short
HTX NATGAS-USDT+0.0214%4h3.0073+0.003%$105K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0344%4h3.0050−0.073%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0366%4h3.0040−0.106%$1.1M$1.0M20xas long as short
Aster NATGASUSDTshort+0.0405%4h3.0043−0.097%$266K$73K50x
GMX NATGAS/USD [ETH-USDC]L +0.0448% / S −0.0387%1h3.0055−0.057%$92K45xas long as short
Gate NG_USDT+0.0455%8h3.0080+0.027%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0466%8h3.0050−0.073%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0482%8h3.0050−0.073%$855K$1.7M50xas long as short
Variational Omni NATGAS+0.0594%4h3.0059−0.042%$312K$444Kas long as short
edgeX NATGASUSDC+0.0618%4h3.0060−0.041%$85K$212K20xas long as short
Binance NATGASUSDT+0.0621%4h3.0050−0.073%$10.2M$28.6M100xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0065−0.024%$54K$34K20xas long as short
Bitget NATGASUSDT+0.1000%4h3.0030−0.140%$9.9M$3.3M100xas long as short