Funding you earn now, next payment 04:00 UTC+0.0208%/8h= +22.7% APRnext payment +$1.04 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against Aster+0.033%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 2 days (all we have)−0.027%−$3 · spread now +0.033%, 7d avg −0.019%
=Together, before fees+0.156%+ Points / potential airdropAster: Stage 5 · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.052% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0008 | 0.0230 | pay 0.0115% / 4h | 2h 17m | $265K | $73K | 50x |
| Short | Binance NATGASUSDT | 3.0018 | 0.0438 | get 0.0219% / 4h | 2h 17m | $10.2M | $29.1M | 100x |
Aster NATGASUSDT
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $43.61
- Price spread: +0.033% → −0.019%
- $5.24
- Slippage, 4 orders
- −$70.89
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.04
- Costs to cover
- 0.889%
- Break-even
- 13.4 days
Slippage from Aster: live order book, 49 min ago; Binance: live order book, 9 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 Aster live order book, 49 min ago | 6.66 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.67 bp | 6.7 bp −$7 | 9.0 bp −$90 | 34.9 bp −$3,490 | 127.8 bp −$63.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8379 | −5.430% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.079% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.005% | $658K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0006 | −0.008% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0020 | +0.039% | $618K | $445K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.005% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0006 | −0.008% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9998 | −0.035% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0074% | 8h | 3.0018 | +0.032% | $5K | — | 5x | as long as short |
| Extended XNG-USD | +0.0080% | 1h | 2.9997 | −0.036% | $110K | $449K | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Extended XNG-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.015% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.028% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.028% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | +0.005% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0010 | +0.005% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0230% | 4h | 3.0008 | long leg | $265K | $73K | 50x | |
| HTX NATGAS-USDT | +0.0278% | 4h | 3.0028 | +0.065% | $98K | $212K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0358% | 8h | 3.0000 | −0.028% | $859K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0370% | 4h | 3.0009 | +0.004% | $311K | $444K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0422% / S −0.0359% | 1h | 3.0025 | +0.055% | $92K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0434% | 4h | 3.0016 | +0.026% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0435% | 8h | 3.0040 | +0.105% | $1.5M | $219K | 100x | as long as short |
| Binance NATGASUSDTshort | +0.0438% | 4h | 3.0018 | +0.033% | $10.2M | $29.1M | 100x | |
| edgeX NATGASUSDC | +0.0445% | 4h | 3.0012 | +0.013% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0694% | 4h | 2.9980 | −0.095% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0031 | +0.077% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD