Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.035%
Price spread now: Aster against Gate−0.048%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$900.903% of the position
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.048%, 7d avg −0.014%
=Together, before fees−0.271%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.034% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0100 | 0.0334 | pay 0.0334% / 8h | 4h 45m | $1.5M | $158K | 100x |
| Short | Aster NATGASUSDT | 3.0086 | 0.0094 | get 0.0047% / 4h | 45m 29s | $259K | $74K | 50x |
Gate NG_USDT
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$50.4
- Price spread: −0.048% → −0.014%
- −$3.39
- Slippage, 4 orders
- −$67.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$144.14
- Costs to cover
- 0.903%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Aster: live order book, 59 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 Gate live order book, 5 min ago | 1.66 bp | 27.3 bp −$27 | 59.9 bp −$599 | doesn't fit | doesn't fit |
| Sell Aster live order book, 59 min ago | 4.99 bp | 15.2 bp −$15 | 19.5 bp −$195 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | −0.1600% | 1h | 2.9965 | −0.449% | $36K | $599 | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0050 | −0.166% | $25K | $195K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8424 | −5.568% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | −0.060% | $2K | $1.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0076 | −0.080% | $119K | $220K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0003% | 1h | 3.0080 | −0.066% | $596K | $101K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0073 | −0.090% | $649K | $707K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0073 | −0.088% | $123K | $369K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0080 | −0.066% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0059 | −0.136% | $6.0M | $5.0M | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0050% | 8h | 3.0085 | −0.049% | $5K | — | 5x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | −0.289% | $84K | $28K | 10x | as long as short |
| Aster NATGASUSDTshort | +0.0094% | 4h | 3.0086 | −0.048% | $259K | $74K | 50x | |
| Pacifica NATGAS | +0.0100% | 1h | 3.0052 | −0.159% | $68K | $39K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0040 | −0.199% | $1.1M | $747K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.332% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.332% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | −0.066% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0183% | 4h | 3.0057 | −0.142% | $356K | $419K | — | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0240% | 1h | 3.0073 | −0.090% | $53K | $48K | 20x | as long as short |
| Binance NATGASUSDT | +0.0243% | 4h | 3.0080 | −0.066% | $10.0M | $32.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0261% | 4h | 3.0013 | −0.288% | $85K | $212K | 20x | as long as short |
| Gate NG_USDTlong | +0.0334% | 8h | 3.0100 | long leg | $1.5M | $158K | 100x | |
| OKX NG-USDT-SWAP | +0.0355% | 8h | 3.0060 | −0.133% | $841K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0382% | 8h | 3.0050 | −0.166% | $81K | $202K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0403% / S −0.0375% | 1h | 3.0065 | −0.116% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0800% | 4h | 3.0050 | −0.166% | $10.0M | $2.8M | 100x | as long as short |
Paradex NG-USD-PERP
Ondo Perps NATGAS-USD.P
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT