Funding you earn now, next payment 00:00 UTC−0.0623%/8h= −68.3% APRpaid last 24h −0.331%
Price spread now: Paradex against Bitget+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.105% dearer against Bitget than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9900 | 0.0724 | pay 0.0362% / 4h | 1h 06m | $10.0M | $3.9M | 100x |
| Short | Paradex NG-USD-PERP | 2.9931 | 0.0101 | get 0.0101% / 8h | 1h 06m | $5K | — | 5x |
Bitget NATGASUSDT
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$130.89
- Price spread: +0.105% → 0.000%
- $10.47
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$136.43
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 7 min ago; Paradex: 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 Bitget live order book, 7 min ago | 1.67 bp | 10.7 bp −$11 | 21.7 bp −$217 | 56.9 bp −$5,686 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | 2.9951 | +0.171% | $2K | $2.6M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9935 | +0.117% | $619K | $411K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | +0.100% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9960 | +0.201% | $84K | $45K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0060% | 1h | 2.9920 | +0.067% | $5.9M | $6.0M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9916 | +0.054% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | 0.000% | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9930 | +0.100% | $1.5M | $99K | 10x | as long as short |
| Paradex NG-USD-PERPshort | +0.0101% | 8h | 2.9931 | +0.105% | $5K | — | 5x |
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NATGASUSDTM | +0.0120% | 4h | 2.9920 | +0.067% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0149% | 4h | 2.9954 | +0.181% | $98K | $215K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0160% | 1h | 2.9930 | +0.100% | $657K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0192% | 1h | 2.9926 | +0.087% | $35K | — | 20x | as long as short |
| Gate NG_USDT | +0.0221% | 8h | 2.9960 | +0.201% | $1.5M | $307K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0285% | 8h | 2.9930 | +0.100% | $856K | $1.7M | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0286% | 4h | 2.9938 | +0.126% | $13K | $246K | 25x | as long as short |
| BloFin NG-USDT | +0.0287% | 8h | 2.9920 | +0.067% | $80K | $189K | 20x | as long as short |
| Extended XNG-USD | +0.0320% | 1h | 2.9915 | +0.049% | $110K | $471K | 5x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9935 | +0.117% | $93K | — | 45x | as long as short |
| Aster NATGASUSDT | +0.0453% | 4h | 2.9942 | +0.141% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGAS | +0.0506% | 4h | 2.9941 | +0.137% | $311K | $444K | — | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0515% | 1h | 2.9949 | +0.165% | $52K | $42K | 20x | as long as short |
| Binance NATGASUSDT | +0.0555% | 4h | 2.9937 | +0.125% | $10.1M | $30.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0593% | 4h | 2.9941 | +0.137% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.0724% | 4h | 2.9900 | long leg | $10.0M | $3.9M | 100x |
KuCoin NATGASUSDTM
HTX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Gate NG_USDT
OKX NG-USDT-SWAP
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]
Aster NATGASUSDT
Variational Omni NATGAS
Kraken Futures PF_NATGASUSD
Binance NATGASUSDT
edgeX NATGASUSDC