Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.018%
Price spread now: OKX against Aster+0.028%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1021.022% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.028%, 7d avg −0.051%
=Together, before fees+0.190%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.079% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0012 | 0.0297 | pay 0.0148% / 4h | 1h 46m | $265K | $73K | 50x |
| Short | OKX NG-USDT-SWAP | 3.0020 | 0.0389 | get 0.0389% / 8h | 5h 46m | $862K | $1.7M | 50x |
Aster NATGASUSDT
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $19.42
- Price spread: +0.028% → −0.051%
- $7.87
- Slippage, 4 orders
- −$84.22
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.92
- Costs to cover
- 1.022%
- Break-even
- 34.0 days
Slippage from Aster: live order book, 15 min ago; OKX: live order book, 5 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, 15 min ago | 6.66 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.67 bp | 8.2 bp −$8 | 23.2 bp −$232 | 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 | 2.8386 | −5.417% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.101% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0009 | −0.009% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.005% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0013 | +0.005% | $618K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.045% | $110K | $442K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.005% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0008 | −0.012% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0062% | 8h | 3.0023 | +0.038% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0077% | 1h | 3.0009 | −0.009% | $5.9M | $5.9M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | −0.002% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.039% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.039% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.028% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0217% | 4h | 3.0047 | +0.118% | $100K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0274% | 4h | 3.0010 | −0.005% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0297% | 4h | 3.0012 | long leg | $265K | $73K | 50x | |
| GRVT NATGAS_USDT_Perp | +0.0364% | 4h | 3.0010 | −0.005% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0389% | 8h | 3.0020 | +0.028% | $862K | $1.7M | 50x | |
| Gate NG_USDT | +0.0404% | 8h | 3.0050 | +0.128% | $1.5M | $208K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0428% / S −0.0365% | 1h | 3.0025 | +0.045% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0459% | 4h | 3.0009 | −0.008% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0514% | 4h | 3.0018 | +0.020% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0517% | 4h | 3.0020 | +0.028% | $10.2M | $28.9M | 100x | as long as short |
| BloFin NATGAS-USDT | +0.0517% | 4h | 3.0010 | −0.005% | — | $21K | 100x | as long as short |
| Bitget NATGASUSDT | +0.0838% | 4h | 3.0000 | −0.039% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0034 | +0.075% | $54K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
BloFin NATGAS-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD