Funding you earn now, next payment 07:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.056%
Price spread now: Aster against ApeX Omni−0.020%49s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1611.607% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.020%, 7d avg +0.017%
=Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.037% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.017%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0100 | 0.0100 | pay 0.0013% / 1h | 38m 34s | $37K | $217K | 50x |
| Short | Aster NATGASUSDT | 3.0094 | 0.0290 | get 0.0145% / 4h | 1h 38m | $265K | $70K | 50x |
ApeX Omni NATGASUSDT
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against ApeX Omni. 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
- $39.87
- Price spread: −0.020% → +0.017%
- −$3.7
- Slippage, 4 orders
- −$142.71
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$124.54
- Costs to cover
- 1.607%
- Break-even
- 28.9 days
Slippage from ApeX Omni: live order book, 3 min ago; Aster: live order book, 3 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 ApeX Omni live order book, 3 min ago | 16.64 bp | 51.5 bp −$52 | 263.5 bp −$2,635 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 8.31 bp | 15.4 bp −$15 | 17.2 bp −$172 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | −0.027% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0060 | −0.133% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0069 | −0.103% | $629K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0059 | −0.137% | $111K | $281K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0039% | 4h | 3.0081 | −0.063% | $107K | $205K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.100% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0089 | −0.037% | $83K | $26K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0056% | 1h | 3.0068 | −0.106% | $35K | — | 20x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0083 | −0.057% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0068% | 1h | 3.0067 | −0.110% | $6.0M | $5.5M | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Hotstuff NATGAS-PERP
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | −0.166% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0100 | long leg | $37K | $217K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.100% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0134% | 4h | 3.0063 | −0.123% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0278% | 4h | 3.0050 | −0.166% | $1.0M | $927K | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0290% | 4h | 3.0094 | −0.020% | $265K | $70K | 50x | |
| Variational Omni NATGAS | +0.0512% | 4h | 3.0070 | −0.101% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0533% | 4h | 3.0075 | −0.083% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0535% | 4h | 3.0067 | −0.109% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0547% / S −0.0552% | 1h | 3.0075 | −0.083% | $88K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0632% | 8h | 3.0080 | −0.066% | $82K | $195K | 20x | as long as short |
| Gate NG_USDT | +0.0634% | 8h | 3.0100 | 0.000% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | −0.066% | $876K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0958% | 4h | 3.0050 | −0.166% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0088 | −0.040% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD