Funding you earn now, next payment 08:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.037%
Price spread now: GMX against Binance+0.083%170s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.083% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 170 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 | 3.0010 | 0.0377 | pay 0.0188% / 4h | 12m 29s | $10.4M | $28.6M | 100x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0035 | L +0.0587% / S −0.0601% | get 0.0075% / 1h | 12m 29s | $88K | — | 45x |
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $47.03
- Price spread: +0.083% → 0.000%
- $8.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $33.36
- Costs to cover
- 0.220%
- Break-even
- 2.0 days
Slippage unknown: Binance: live order book, 14 min ago; GMX: no order-book sample. 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 Binance live order book, 14 min ago | 1.66 bp | 6.7 bp −$7 | 9.1 bp −$91 | 28.4 bp −$2,835 | 118.7 bp −$59.4K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 2.8384 | −5.418% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.073% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0025 | +0.050% | $117K | $216K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | +0.033% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0021 | +0.037% | $630K | $495K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0011 | +0.004% | $109K | $275K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0014 | +0.013% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.033% | — | $14K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0048% | 4h | 3.0019 | +0.031% | $15K | $222K | 25x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0009 | −0.003% | $6.0M | $5.3M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
GRVT NATGAS_USDT_Perp
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0058 | +0.160% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0027 | +0.058% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0003 | −0.023% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.033% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0144% | 4h | 3.0000 | −0.033% | $1.0M | $869K | 20x | as long as short |
| Aster NATGASUSDT | +0.0161% | 4h | 3.0040 | +0.100% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0356% | 4h | 3.0020 | +0.034% | $318K | $390K | — | as long as short |
| Binance NATGASUSDTlong | +0.0377% | 4h | 3.0010 | long leg | $10.4M | $28.6M | 100x | |
| edgeX NATGASUSDC | +0.0394% | 4h | 3.0016 | +0.019% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0565% | 8h | 2.9990 | −0.067% | $801K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0573% | 8h | 3.0020 | +0.033% | $80K | $198K | 20x | as long as short |
| Gate NG_USDT | +0.0574% | 8h | 3.0040 | +0.100% | $1.5M | $196K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0587% / S −0.0601% | 1h | 3.0035 | +0.083% | $88K | — | 45x | |
| Bitget NATGASUSDT | +0.0832% | 4h | 2.9990 | −0.067% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0030 | +0.067% | $55K | $35K | 20x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
Gate NG_USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD