Funding you earn now, next payment 08:00 UTC−0.0187%/8h= −20.5% APRnext payment −$0.94 per $10,000 · paid last 24h −0.086%
Price spread now: SunX against Aster+0.073%46s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.073%, 7d avg +0.049%
=Together, before fees−0.190%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.023% dearer against Aster than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.049%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.170% in total) that is about 23 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NATGASUSDT | 3.0060 | 0.0187 | pay 0.0094% / 4h | 34m 39s | $265K | $65K | 50x |
| Short | SunX NATGAS-USDT | 3.0082 | 0 | get 0.0000% / 4h | 34m 39s | $2K | $2.4M | 20x |
Aster NATGASUSDT
SunX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$39.34
- Price spread: +0.073% → +0.049%
- $2.32
- Slippage, 4 orders
- −$89.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$143
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; SunX: 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, 2 min ago | 6.65 bp | 41.5 bp −$41 | 224.9 bp −$2,249 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 15.13 bp | 28.1 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0072% | 1h | 3.0070 | +0.033% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8436 | −5.403% | — | — | — | as long as short |
| SunX NATGAS-USDTshort | 0.0000% | 4h | 3.0082 | +0.073% | $2K | $2.4M | 20x | |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0081 | +0.069% | $117K | $216K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0050 | −0.034% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0067 | +0.023% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0058 | −0.008% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0066 | +0.019% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0081 | +0.069% | $83K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0073 | +0.043% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0084% | 4h | 3.0039 | −0.069% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0061 | +0.002% | $70K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.133% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | −0.001% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0174% | 4h | 3.0050 | −0.034% | $1.0M | $886K | 20x | as long as short |
| Aster NATGASUSDTlong | +0.0187% | 4h | 3.0060 | long leg | $265K | $65K | 50x | |
| Variational Omni NATGAS | +0.0402% | 4h | 3.0069 | +0.030% | $319K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0423% | 4h | 3.0060 | −0.001% | $10.4M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0441% | 4h | 3.0054 | −0.020% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0576% / S −0.0588% | 1h | 3.0065 | +0.016% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0579% | 8h | 3.0080 | +0.066% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0624% | 8h | 3.0050 | −0.034% | $854K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0643% | 8h | 3.0060 | −0.001% | $82K | $198K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0078 | +0.060% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0870% | 4h | 3.0040 | −0.067% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT