Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against Binance+0.047%100s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.190%−$19 · spread now +0.047%, 7d avg −0.022%
=Together, before fees−0.167%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.069% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.022%. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 3.0073 | 0.0544 | pay 0.0272% / 4h | 1h 49m | $10.3M | $28.5M | 100x |
| Short | edgeX NATGASUSDC | 3.0087 | 0.0555 | get 0.0277% / 4h | 1h 49m | $85K | $212K | 20x |
Binance NATGASUSDT
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $2.26
- Price spread: +0.047% → −0.022%
- $6.86
- Slippage, 4 orders
- −$49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$58.87
- Costs to cover
- 0.680%
- Break-even
- 189.0 days
Slippage from Binance: live order book, 6 min ago; edgeX: live order book, 57 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, 6 min ago | 1.66 bp | 6.7 bp −$7 | 8.8 bp −$88 | 35.7 bp −$3,569 | 122.7 bp −$61.4K |
| Sell edgeX live order book, 57 min ago | 13.32 bp | 21.1 bp −$21 | 29.2 bp −$292 | 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 | 2.8480 | −5.297% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.130% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0090 | +0.057% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0090 | +0.057% | $630K | $500K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | −0.026% | $110K | $332K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0036% | 4h | 3.0087 | +0.047% | $107K | $209K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.057% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0101 | +0.094% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0059% | 8h | 3.0109 | +0.119% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0100 | +0.090% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0067% | 1h | 3.0080 | +0.024% | $6.0M | $5.5M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0073 | 0.000% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.090% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.090% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0090 | +0.057% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0128% | 4h | 3.0100 | +0.090% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0282% | 4h | 3.0060 | −0.043% | $1.0M | $936K | 20x | as long as short |
| Aster NATGASUSDT | +0.0300% | 4h | 3.0094 | +0.072% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0521% | 4h | 3.0090 | +0.057% | $318K | $432K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0540% / S −0.0543% | 1h | 3.0095 | +0.074% | $88K | — | 45x | as long as short |
| Binance NATGASUSDTlong | +0.0544% | 4h | 3.0073 | long leg | $10.3M | $28.5M | 100x | |
| edgeX NATGASUSDCshort | +0.0555% | 4h | 3.0087 | +0.047% | $85K | $212K | 20x | |
| Gate NG_USDT | +0.0628% | 8h | 3.0110 | +0.124% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | +0.024% | $872K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0663% | 8h | 3.0070 | −0.009% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 3.0040 | −0.109% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0110 | +0.124% | $56K | $35K | 20x | as long as short |
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD