Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.096%
Price spread now: ApeX Omni against Binance−0.167%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1281.283% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 2 days (all we have)+0.106%+$11 · spread now −0.167%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.168% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 2.9950 | 0.0192 | pay 0.0096% / 4h | 17m 10s | $10.1M | $30.0M | 100x |
| Short | ApeX Omni NATGASUSDT | 2.9900 | 0.0100 | get 0.0013% / 1h | 17m 10s | $36K | $217K | 50x |
Binance NATGASUSDT
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$19.35
- Price spread: −0.167% → +0.001%
- −$16.81
- Slippage, 4 orders
- −$108.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$164.45
- Costs to cover
- 1.283%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; ApeX Omni: 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 Binance live order book, 9 min ago | 1.67 bp | 6.7 bp −$7 | 12.2 bp −$122 | 37.6 bp −$3,760 | 133.4 bp −$66.7K |
| Sell ApeX Omni live order book, 59 min ago | 16.69 bp | 60.3 bp −$60 | 267.3 bp −$2,673 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9949 | −0.003% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9971 | +0.070% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.124% | $98K | $212K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 2.9948 | −0.007% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | 0.000% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9964 | +0.047% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | −0.010% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | −0.033% | $84K | $43K | 10x | as long as short |
| Extended XNG-USD | +0.0056% | 1h | 2.9938 | −0.040% | $110K | $453K | 5x | as long as short |
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0066% | 4h | 2.9960 | +0.033% | $265K | $73K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 2.9951 | +0.002% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | −0.007% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | 0.000% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 2.9900 | −0.167% | $36K | $217K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.167% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.033% | $1.5M | $97K | 10x | as long as short |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.003% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0133% | 8h | 2.9950 | 0.000% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0168% | 8h | 2.9940 | −0.033% | $80K | $189K | 20x | as long as short |
| Gate NG_USDT | +0.0173% | 8h | 2.9980 | +0.100% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDTlong | +0.0192% | 4h | 2.9950 | long leg | $10.1M | $30.0M | 100x | |
| edgeX NATGASUSDC | +0.0230% | 4h | 2.9951 | +0.002% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0286% | 4h | 2.9930 | −0.067% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.017% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.067% | $52K | $39K | 20x | as long as short |
Aster NATGASUSDT
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
BloFin NG-USDT
Gate NG_USDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD