Funding you earn now, next payment 04:00 UTC+0.0150%/8h= +16.5% APRnext payment +$0.75 per $10,000 · paid last 24h +0.044%
Price spread now: edgeX against Aster+0.068%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now +0.068%, 7d avg −0.010%
=Together, before fees+0.116%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.078% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 2.9960 | 0.0044 | pay 0.0022% / 4h | 3h 47m | $265K | $73K | 50x |
| Short | edgeX NATGASUSDC | 2.9980 | 0.0194 | get 0.0097% / 4h | 3h 47m | $85K | $213K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $31.55
- Price spread: +0.068% → −0.010%
- $7.8
- Slippage, 4 orders
- −$120.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$98.02
- Costs to cover
- 1.374%
- Break-even
- 28.7 days
Slippage from Aster: live order book, 24 min ago; edgeX: live order book, 24 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, 24 min ago | 5.00 bp | 67.3 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 13.36 bp | 21.1 bp −$21 | 29.5 bp −$295 | 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 | 2.8336 | −5.421% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0002 | +0.140% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 2.9970 | +0.033% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9992 | +0.107% | $616K | $412K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9967 | +0.022% | $110K | $451K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 2.9975 | +0.050% | $35K | — | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0044% | 4h | 2.9960 | long leg | $265K | $73K | 50x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.033% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9972 | +0.040% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0001 | +0.137% | $84K | $36K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0058% | 8h | 2.9992 | +0.106% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0074% | 4h | 2.9980 | +0.068% | $311K | $443K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9979 | +0.064% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9970 | +0.033% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.200% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.134% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9980 | +0.067% | $1.5M | $95K | 10x | as long as short |
| BloFin NG-USDT | +0.0127% | 8h | 2.9980 | +0.067% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0159% | 8h | 2.9970 | +0.033% | $857K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0192% | 4h | 2.9986 | +0.087% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0194% | 4h | 2.9980 | +0.068% | $85K | $213K | 20x | |
| Bitget NATGASUSDT | +0.0232% | 4h | 2.9960 | 0.000% | $10.0M | $3.5M | 100x | as long as short |
| HTX NATGAS-USDT | +0.0268% | 4h | 3.0002 | +0.140% | $98K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0296% | 4h | 2.9972 | +0.041% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9985 | +0.083% | $93K | — | 45x | as long as short |
| Gate NG_USDT | +0.0468% | 8h | 3.0000 | +0.134% | $1.5M | $254K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1002% | 1h | 2.9990 | +0.102% | $52K | $39K | 20x | as long as short |
Aster NATGASUSDT
edgeX NATGASUSDC
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
Bitget NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD