Funding you earn now, next payment 08:00 UTC−0.0234%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.042%
Price spread now: Aster against Binance−0.018%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.018%, 7d avg −0.006%
=Together, before fees−0.068%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 3.0059 | 0.0666 | pay 0.0333% / 4h | 2h 45m | $10.3M | $28.2M | 100x |
| Short | Aster NATGASUSDT | 3.0054 | 0.0432 | get 0.0216% / 4h | 2h 45m | $264K | $74K | 50x |
Binance NATGASUSDT
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$49.09
- Price spread: −0.018% → −0.006%
- −$1.2
- Slippage, 4 orders
- −$54.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$122.33
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Aster: live order book, 66 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 Binance live order book, 10 min ago | 1.66 bp | 6.7 bp −$7 | 11.7 bp −$117 | 34.9 bp −$3,487 | 131.1 bp −$65.5K |
| Sell Aster live order book, 66 min ago | 6.65 bp | 16.9 bp −$17 | 18.8 bp −$188 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.043% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0052 | −0.024% | $629K | $503K | 10x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.031% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.031% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0042 | −0.057% | $82K | $26K | 10x | as long as short |
| Extended XNG-USD | +0.0064% | 1h | 3.0047 | −0.039% | $110K | $364K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0081% | 8h | 3.0070 | +0.036% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0034 | −0.084% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.136% | $37K | $219K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.197% | $3K | $544 | 10x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Extended XNG-USD
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythosShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.003% | $1.5M | $92K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0131% | 1h | 3.0059 | −0.001% | $6.0M | $5.6M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0200% | 1h | 3.0062 | +0.009% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0375% | 4h | 3.0071 | +0.039% | $107K | $212K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0380% | 4h | 3.0050 | −0.031% | $1.0M | $974K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0042 | −0.059% | $13K | $224K | 25x | as long as short |
| Aster NATGASUSDTshort | +0.0432% | 4h | 3.0054 | −0.018% | $264K | $74K | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0503% / S −0.0448% | 1h | 3.0055 | −0.014% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0577% | 8h | 3.0100 | +0.136% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0637% | 4h | 3.0050 | −0.032% | $317K | $449K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0642% | 8h | 3.0060 | +0.003% | $869K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0643% | 8h | 3.0050 | −0.031% | $82K | $195K | 20x | as long as short |
| Binance NATGASUSDTlong | +0.0666% | 4h | 3.0059 | long leg | $10.3M | $28.2M | 100x | |
| edgeX NATGASUSDC | +0.0689% | 4h | 3.0051 | −0.027% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1032% | 4h | 3.0030 | −0.097% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1182% | 1h | 3.0059 | −0.001% | $56K | $35K | 20x | as long as short |
Phemex NGUSDT
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
BloFin NG-USDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD