Funding you earn now, next payment 05:00 UTC−0.0423%/8h= −46.3% APRpaid last 24h −0.128%
Price spread now: Aster against Kraken Futures−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.557%−$56 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aster is 0.027% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NATGASUSD | 3.0068 | 0.0855 | pay 0.0107% / 1h | 3m 50s | $56K | $35K | 20x |
| Short | Aster NATGASUSDT | 3.0060 | 0.0432 | get 0.0216% / 4h | 3h 03m | $264K | $74K | 50x |
Kraken Futures PF_NATGASUSD
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$88.87
- Price spread: −0.027% → 0.000%
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$109.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: live order book, 48 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 48 min ago | 6.65 bp | 16.9 bp −$17 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 2.8440 | −5.414% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.013% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.093% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0045 | −0.077% | $629K | $503K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0047 | −0.070% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.060% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.040% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0095% | 1h | 3.0050 | −0.060% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0096% | 8h | 3.0066 | −0.007% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0040 | −0.093% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
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 | −0.226% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.226% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.060% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USD | +0.0208% | 1h | 3.0038 | −0.098% | $110K | $364K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0040 | −0.093% | $1.0M | $982K | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0432% | 4h | 3.0060 | −0.027% | $264K | $74K | 50x | |
| GRVT NATGAS_USDT_Perp | +0.0448% | 4h | 3.0050 | −0.060% | $13K | $223K | 25x | as long as short |
| HTX NATGAS-USDT | +0.0495% | 4h | 3.0072 | +0.013% | $107K | $212K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0497% / S −0.0442% | 1h | 3.0055 | −0.043% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0556% | 8h | 3.0090 | +0.073% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0603% | 8h | 3.0060 | −0.027% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0612% | 8h | 3.0050 | −0.060% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0642% | 4h | 3.0060 | −0.028% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0665% | 4h | 3.0050 | −0.060% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0676% | 4h | 3.0070 | +0.005% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSDlong | +0.0855% | 1h | 3.0068 | long leg | $56K | $35K | 20x | |
| Bitget NATGASUSDT | +0.1038% | 4h | 3.0030 | −0.126% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT