Funding you earn now, next payment 02:00 UTC−0.0123%/8h= −13.4% APRpaid last 24h −0.053%
Price spread now: Extended against Aster−0.044%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.044%, 7d avg −0.022%
=Together, before fees+0.072%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.021% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0030 | 0.0171 | pay 0.0085% / 4h | 2h 38m | $266K | $73K | 50x |
| Short | Extended XNG-USD | 3.0017 | 0.0048 | get 0.0006% / 1h | 38m 06s | $110K | $450K | 5x |
Aster NATGASUSDT
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$25.75
- Price spread: −0.044% → −0.022%
- −$2.15
- Slippage, 4 orders
- −$70.99
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$111.89
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from Aster: live order book, 29 min ago; Extended: live order book, 29 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, 29 min ago | 6.66 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 1.00 bp | 3.6 bp −$4 | 8.6 bp −$86 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0024% | 1h | 3.0027 | −0.010% | $35K | — | 20x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.107% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | 0.000% | $659K | $86K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | 0.000% | — | $378 | 10x | as long as short |
| Extended XNG-USDshort | +0.0048% | 1h | 3.0017 | −0.044% | $110K | $450K | 5x | |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0028 | −0.007% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0022 | −0.027% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0059% | 8h | 3.0054 | +0.081% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0088% | 1h | 3.0039 | +0.030% | $618K | $444K | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0030 | 0.000% | $68K | $33K | 10x | as long as short |
Hotstuff NATGAS-PERP
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGAS
Pacifica NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0030 | 0.000% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.100% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.100% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDTlong | +0.0171% | 4h | 3.0030 | long leg | $266K | $73K | 50x | |
| HTX NATGAS-USDT | +0.0246% | 4h | 3.0059 | +0.097% | $98K | $213K | 75x | as long as short |
| Variational Omni NATGAS | +0.0284% | 4h | 3.0030 | +0.001% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.167% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0324% | 8h | 3.0020 | −0.033% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0349% | 4h | 3.0030 | 0.000% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0369% | 4h | 3.0040 | +0.033% | $10.1M | $29.0M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0396% | 4h | 3.0023 | −0.024% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0409% | 8h | 3.0060 | +0.100% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0356% | 1h | 3.0045 | +0.050% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0586% | 4h | 3.0010 | −0.067% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0065 | +0.117% | $54K | $37K | 20x | as long as short |
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD