Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h +0.040%
Price spread now: edgeX against BloFin−0.034%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.034%, 7d avg +0.041%
=Together, before fees+0.022%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.075% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 3.0080 | 0.0637 | pay 0.0637% / 8h | 1h 18m | $83K | $198K | 20x |
| Short | edgeX NATGASUSDC | 3.0070 | 0.0546 | get 0.0273% / 4h | 1h 18m | $85K | $212K | 20x |
BloFin NG-USDT
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$19
- Price spread: −0.034% → +0.041%
- −$7.46
- Slippage, 4 orders
- −$57.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$104.91
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 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 BloFin live order book, 57 min ago | 3.33 bp | 11.7 bp −$12 | 14.4 bp −$144 | 56.4 bp −$5,640 | doesn't fit |
| Sell edgeX live order book, 24 min ago | 13.31 bp | 21.0 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 | 2.8476 | −5.332% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +0.106% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0080 | 0.000% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0093 | +0.043% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0082 | +0.007% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +0.033% | — | $14K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0048% | 4h | 3.0106 | +0.086% | $107K | $202K | 75x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0087 | +0.023% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0090 | +0.033% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0105 | +0.085% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
HTX NATGAS-USDT
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0074 | −0.020% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.066% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.066% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0100 | +0.066% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0148% | 4h | 3.0070 | −0.033% | $22K | $211K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0216% | 1h | 3.0096 | +0.053% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0238% | 4h | 3.0060 | −0.066% | $1.0M | $912K | 20x | as long as short |
| Aster NATGASUSDT | +0.0270% | 4h | 3.0107 | +0.088% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGAS | +0.0493% | 4h | 3.0070 | −0.034% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0513% | 4h | 3.0096 | +0.054% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0546% | 4h | 3.0070 | −0.034% | $85K | $212K | 20x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0557% / S −0.0564% | 1h | 3.0095 | +0.050% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0614% | 8h | 3.0090 | +0.033% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDTlong | +0.0637% | 8h | 3.0080 | long leg | $83K | $198K | 20x | |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | 0.000% | $876K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0944% | 4h | 3.0040 | −0.133% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0109 | +0.096% | $56K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD