Funding you earn now, next payment 04:00 UTC+0.0522%/8h= +57.1% APRpaid last 24h +0.087%
Price spread now: edgeX against ApeX Omni−0.245%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2092.087% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.245%, 7d avg +0.004%
=Together, before fees+0.435%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.249% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of +0.004%). If the spread goes back, that is −$25 on $10k: about 38 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.148% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0100 | 0.0100 | pay 0.0013% / 1h | 38m 02s | $37K | $216K | 50x |
| Short | edgeX NATGASUSDC | 3.0026 | 0.0622 | get 0.0311% / 4h | 38m 02s | $85K | $211K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against ApeX Omni. 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
- $109.53
- Price spread: −0.245% → +0.004%
- −$24.95
- Slippage, 4 orders
- −$189.7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$124.11
- Costs to cover
- 2.087%
- Break-even
- 14.9 days
Slippage from ApeX Omni: live order book, 18 min ago; edgeX: live order book, 19 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 ApeX Omni live order book, 18 min ago | 33.33 bp | 74.4 bp −$74 | 285.4 bp −$2,854 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 19 min ago | 13.34 bp | 21.1 bp −$21 | 28.0 bp −$280 | 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 | 2.8456 | −5.462% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | −0.060% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0050 | −0.166% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0049 | −0.169% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0038 | −0.205% | $110K | $435K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0059 | −0.136% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.166% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | −0.066% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0066 | −0.113% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0046 | −0.179% | $68K | $33K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0100 | long leg | $37K | $216K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.332% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.199% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0103% | 1h | 3.0050 | −0.166% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0213% | 4h | 3.0080 | −0.066% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0344% | 4h | 3.0050 | −0.166% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0040 | −0.199% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0405% | 4h | 3.0043 | −0.188% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0387% | 1h | 3.0065 | −0.116% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0456% | 8h | 3.0080 | −0.066% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0463% | 8h | 3.0060 | −0.133% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0479% | 8h | 3.0040 | −0.199% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0594% | 4h | 3.0059 | −0.135% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0620% | 4h | 3.0050 | −0.166% | $10.2M | $28.7M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0622% | 4h | 3.0026 | −0.245% | $85K | $211K | 20x | |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0071 | −0.096% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0998% | 4h | 3.0030 | −0.233% | $9.9M | $3.3M | 100x | as long as short |
ApeX Omni NATGASUSDT
edgeX NATGASUSDC
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
Pacifica NATGAS
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT