Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%
Price spread now: KuCoin against Aster−0.126%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.126%, 7d avg −0.056%
=Together, before fees+0.096%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.070% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.056%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.112%, 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 | 3.0098 | 0.0338 | pay 0.0169% / 4h | 2h 08m | $265K | $75K | 50x |
| Short | KuCoin NATGASUSDTM | 3.0060 | 0.0316 | get 0.0158% / 4h | 2h 08m | $1.0M | $945K | 20x |
Aster NATGASUSDT
KuCoin NATGASUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.62
- Price spread: −0.126% → −0.056%
- −$6.98
- Slippage, 4 orders
- −$103.36
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$134.97
- Costs to cover
- 1.234%
- Break-even
- never at this rate
Slippage from Aster: live order book, 39 min ago; KuCoin: live order book, 2 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, 39 min ago | 4.99 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.66 bp | 15.7 bp −$16 | 529.8 bp −$5,298 | 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 | 2.8465 | −5.425% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0102 | +0.014% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0076 | −0.072% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0068 | −0.099% | $110K | $333K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0082 | −0.053% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0070 | −0.092% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0080 | −0.059% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.162% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0057% | 1h | 3.0074 | −0.079% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0093 | −0.016% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0076 | −0.073% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.325% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.325% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.092% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0130% | 4h | 3.0080 | −0.059% | $107K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | −0.152% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTMshort | +0.0316% | 4h | 3.0060 | −0.126% | $1.0M | $945K | 20x | |
| Aster NATGASUSDTlong | +0.0338% | 4h | 3.0098 | long leg | $265K | $75K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0528% / S −0.0529% | 1h | 3.0075 | −0.076% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | −0.126% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0580% | 4h | 3.0074 | −0.079% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | −0.126% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0613% | 8h | 3.0100 | +0.007% | $1.5M | $196K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0070 | −0.092% | $867K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0652% | 8h | 3.0070 | −0.092% | $81K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0986% | 4h | 3.0040 | −0.192% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1180% | 1h | 3.0096 | −0.008% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD