Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h +0.076%
Price spread now: Aster against Lighter+0.007%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Funding, last 7 days−0.653%−$65 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.007%, 7d avg +0.123%
=Together, before fees−0.648%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.116% cheaper against Lighter than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.123%). If the spread goes back, that is −$12 on $10k: about 3.6 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.653%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0038 | 0.0032 | pay 0.0004% / 1h | 2m 11s | $631K | $495K | 10x |
| Short | Aster NATGASUSDT | 3.0040 | 0.0141 | get 0.0070% / 4h | 2m 11s | $264K | $69K | 50x |
Lighter NATGAS
Aster NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- $22.88
- Price spread: +0.007% → +0.123%
- −$11.65
- Slippage, 4 orders
- −$58.1
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$54.87
- Costs to cover
- 0.661%
- Break-even
- 23.8 days
Slippage from Lighter: live order book, 28 min ago; Aster: live order book, 35 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 Lighter live order book, 28 min ago | 1.83 bp | 5.2 bp −$5 | 11.8 bp −$118 | 75.4 bp −$7,539 | doesn't fit |
| Sell Aster live order book, 35 min ago | 6.65 bp | 16.9 bp −$17 | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8395 | −5.470% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.047% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0047 | +0.030% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0040 | +0.007% | $659K | $96K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0038 | long leg | $631K | $495K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0027 | −0.038% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0042% | 4h | 3.0020 | −0.060% | $18K | $229K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0040 | +0.007% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0026 | −0.040% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.077% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
GRVT NATGAS_USDT_Perp
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 | +0.0051% | 8h | 3.0038 | 0.000% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0015 | −0.077% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.206% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.127% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.007% | $1.5M | $90K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0033 | −0.017% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0138% | 4h | 3.0020 | −0.060% | $1.0M | $862K | 20x | as long as short |
| Aster NATGASUSDTshort | +0.0141% | 4h | 3.0040 | +0.007% | $264K | $69K | 50x | |
| Variational Omni NATGAS | +0.0339% | 4h | 3.0031 | −0.023% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0354% | 4h | 3.0033 | −0.017% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0387% | 4h | 3.0037 | −0.004% | $85K | $212K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0541% | 8h | 3.0010 | −0.093% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDT | +0.0566% | 8h | 3.0060 | +0.073% | $1.5M | $197K | 100x | as long as short |
| BloFin NG-USDT | +0.0575% | 8h | 3.0000 | −0.127% | $76K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0601% | 1h | 3.0035 | −0.010% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0824% | 4h | 3.0010 | −0.093% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0052 | +0.045% | $56K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
Gate NG_USDT
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD