Funding you earn now, next payment 08:00 UTC−0.0377%/8h= −41.3% APRnext payment −$1.88 per $10,000 · paid last 24h −0.112%
Price spread now: edgeX against Bitget+0.132%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days−0.799%−$80 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.132%, 7d avg +0.049%
=Together, before fees−0.898%+ Points / potential airdropedgeX: Active · farm board−$90 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.083% dearer against Bitget than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.049%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9990 | 0.0992 | pay 0.0496% / 4h | 3h 27m | $9.9M | $3.2M | 100x |
| Short | edgeX NATGASUSDC | 3.0029 | 0.0615 | get 0.0308% / 4h | 3h 27m | $85K | $214K | 20x |
Bitget NATGASUSDT
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$79.12
- Price spread: +0.132% → +0.049%
- $8.26
- Slippage, 4 orders
- −$55.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$147.13
- Costs to cover
- 0.763%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 24 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 Bitget live order book, 1 min ago | 1.67 bp | 10.7 bp −$11 | 21.6 bp −$216 | 65.3 bp −$6,531 | doesn't fit |
| Sell edgeX live order book, 24 min ago | 13.32 bp | 21.1 bp −$21 | 28.1 bp −$281 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0051 | +0.203% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0030 | +0.133% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | +0.090% | $627K | $502K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0022 | +0.107% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.067% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | +0.197% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0034 | +0.147% | $5K | — | 5x | as long as short |
| Extended XNG-USD | +0.0080% | 1h | 3.0007 | +0.058% | $110K | $375K | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0084% | 1h | 3.0022 | +0.107% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0007 | +0.057% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Extended XNG-USD
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.033% | $37K | $218K | 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 | 3.0030 | +0.133% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0344% | 4h | 3.0020 | +0.100% | $1.0M | $997K | 20x | as long as short |
| Aster NATGASUSDT | +0.0392% | 4h | 3.0046 | +0.188% | $264K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0480% | 4h | 3.0054 | +0.213% | $106K | $212K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0482% / S −0.0425% | 1h | 3.0035 | +0.150% | $92K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0492% | 4h | 3.0020 | +0.099% | $13K | $222K | 25x | as long as short |
| Gate NG_USDT | +0.0538% | 8h | 3.0070 | +0.267% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0547% | 8h | 3.0030 | +0.133% | $81K | $194K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0574% | 8h | 3.0030 | +0.133% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0592% | 4h | 3.0030 | +0.133% | $317K | $439K | — | as long as short |
| edgeX NATGASUSDCshort | +0.0615% | 4h | 3.0029 | +0.132% | $85K | $214K | 20x | |
| Binance NATGASUSDT | +0.0622% | 4h | 3.0035 | +0.151% | $10.2M | $28.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0047 | +0.189% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.0992% | 4h | 2.9990 | long leg | $9.9M | $3.2M | 100x |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD