Funding you earn now, next payment 09:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.071%
Price spread now: QFEX against Aster+0.038%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 4 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.402%−$40 · spread now +0.038%, 7d avg −0.037%
=Together, before fees−0.503%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.075% dearer against Aster than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.037%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0039 | 0.0172 | pay 0.0086% / 4h | 3h 36m | $264K | $69K | 50x |
| Short | QFEX NATGAS-USD | 3.0050 | 0 | get 0.0000% / 1h | 36m 19s | $660K | $96K | 20x |
Aster NATGASUSDT
QFEX NATGAS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$36.07
- Price spread: +0.038% → −0.037%
- $7.49
- Slippage, 4 orders
- −$57.05
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$103.62
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from Aster: live order book, 60 min ago; QFEX: live order book, 39 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, 60 min ago | 6.65 bp | 41.5 bp −$41 | 224.9 bp −$2,249 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 39 min ago | 3.33 bp | 8.3 bp −$8 | 8.3 bp −$83 | 11.4 bp −$1,144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NATGAS-USDshort | 0.0000% | 1h | 3.0050 | +0.038% | $660K | $96K | 20x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8406 | −5.435% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.111% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0045 | +0.021% | $631K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0056 | +0.056% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0040 | +0.004% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0049 | +0.034% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0028 | −0.036% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0046 | +0.025% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0034 | −0.014% | $69K | $30K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.129% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.129% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.004% | $1.5M | $90K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0128% | 1h | 3.0035 | −0.012% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0148% | 4h | 3.0030 | −0.029% | $1.0M | $844K | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0172% | 4h | 3.0039 | long leg | $264K | $69K | 50x | |
| HTX NATGAS-USDT | +0.0180% | 4h | 3.0059 | +0.068% | $119K | $221K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0264% | 4h | 3.0030 | −0.029% | $20K | $221K | 25x | as long as short |
| Gate NG_USDT | +0.0298% | 8h | 3.0080 | +0.138% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0344% | 4h | 2.9990 | −0.162% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0363% | 4h | 3.0070 | +0.104% | $10.4M | $28.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0370% | 4h | 3.0027 | −0.037% | $85K | $212K | 20x | as long as short |
| BloFin NG-USDT | +0.0492% | 8h | 3.0030 | −0.029% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0506% | 8h | 3.0050 | +0.038% | $801K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0599% / S −0.0616% | 1h | 3.0075 | +0.121% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0683% | 1h | 3.0063 | +0.079% | $54K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0846% | 4h | 3.0040 | +0.004% | $9.9M | $3.0M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT