Funding you earn now, next payment 22:00 UTC−0.0810%/8h= −88.7% APRpaid last 24h −0.335%
Price spread now: Extended against Bitget+0.025%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days−0.980%−$98 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.025%, 7d avg +0.043%
=Together, before fees−0.801%+ Points / potential airdropExtended: Active · farm board−$80 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$24 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9910 | 0.1194 | pay 0.0597% / 4h | 2h 10m | $9.9M | $4.4M | 100x |
| Short | Extended XNG-USD | 2.9917 | 0.0384 | get 0.0048% / 1h | 10m 14s | $112K | $1.2M | 5x |
Bitget NATGASUSDT
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$170.1
- Price spread: +0.025% → +0.043%
- −$1.75
- Slippage, 4 orders
- −$16.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$205.75
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; Extended: live order book, 3 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, 8 min ago | 1.67 bp | 9.4 bp −$9 | 24.7 bp −$247 | 56.4 bp −$5,644 | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.50 bp | 3.4 bp −$3 | 8.0 bp −$80 | 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 | 2.9869 | −0.137% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9910 | 0.000% | $656K | $120K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9950 | +0.134% | $618K | $412K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.8310 | −5.349% | — | $378 | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9942 | +0.107% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.033% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9940 | +0.100% | $1.5M | $104K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0220% | 8h | 2.9968 | +0.194% | $5K | — | 5x | as long as short |
| Gate NG_USDT | +0.0257% | 8h | 2.9960 | +0.167% | $1.5M | $384K | 100x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Paradex NG-USD-PERP
Gate NG_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USDshort | +0.0384% | 1h | 2.9917 | +0.025% | $112K | $1.2M | 5x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0416% / S −0.0333% | 1h | 2.9945 | +0.117% | $93K | — | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0416% | 1h | 2.9955 | +0.150% | $35K | — | 20x | as long as short |
| BloFin NG-USDT | +0.0424% | 8h | 2.9910 | 0.000% | $84K | $190K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0449% | 8h | 2.9920 | +0.033% | $895K | $1.8M | 50x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0498% | 1h | 2.9952 | +0.140% | $5.9M | $6.8M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0498% | 1h | 2.9928 | +0.060% | $84K | $66K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0516% | 4h | 2.9920 | +0.033% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0698% | 4h | 2.9963 | +0.177% | $98K | $219K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0770% | 4h | 2.9940 | +0.099% | $13K | $255K | 25x | as long as short |
| Aster NATGASUSDT | +0.0826% | 4h | 2.9940 | +0.100% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGAS | +0.0829% | 4h | 2.9944 | +0.115% | $310K | $491K | — | as long as short |
| edgeX NATGASUSDC | +0.0867% | 4h | 2.9943 | +0.111% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0885% | 4h | 2.9940 | +0.100% | $10.1M | $33.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1128% | 1h | 2.9966 | +0.186% | $52K | $55K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.1194% | 4h | 2.9910 | long leg | $9.9M | $4.4M | 100x |
GMX NATGAS/USD [ETH-USDC]
Hotstuff NATGAS-PERP
BloFin NG-USDT
OKX NG-USDT-SWAP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
KuCoin NATGASUSDTM
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD