Funding you earn now, next payment 00:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.121%
Price spread now: Extended against BloFin−0.007%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.379%−$38 on $10k
+Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.007%, 7d avg +0.030%
=Together, before fees−0.372%+ Points / potential airdropExtended: Active · farm board−$37 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 Extended is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 2.9940 | 0.0168 | pay 0.0168% / 8h | 17m 16s | $80K | $189K | 20x |
| Short | Extended XNG-USD | 2.9938 | 0.0056 | get 0.0007% / 1h | 17m 16s | $110K | $453K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$23.6
- Price spread: −0.007% → +0.030%
- −$3.73
- Slippage, 4 orders
- −$12.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$56.36
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 min ago; Extended: live order book, 61 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, 52 min ago | 3.34 bp | 9.3 bp −$9 | 15.8 bp −$158 | 64.2 bp −$6,424 | doesn't fit |
| Sell Extended live order book, 61 min ago | 0.67 bp | 3.5 bp −$4 | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9949 | +0.031% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9971 | +0.104% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.157% | $98K | $212K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 2.9948 | +0.027% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | +0.033% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9964 | +0.080% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.033% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | +0.023% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | 0.000% | $84K | $43K | 10x | as long as short |
| Extended XNG-USDshort | +0.0056% | 1h | 2.9938 | −0.007% | $110K | $453K | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0066% | 4h | 2.9960 | +0.067% | $265K | $73K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 2.9951 | +0.035% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | +0.026% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.033% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.134% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.067% | $1.5M | $97K | 10x | as long as short |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.037% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0133% | 8h | 2.9950 | +0.033% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDTlong | +0.0168% | 8h | 2.9940 | long leg | $80K | $189K | 20x | |
| Gate NG_USDT | +0.0173% | 8h | 2.9980 | +0.134% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0192% | 4h | 2.9950 | +0.033% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0230% | 4h | 2.9951 | +0.036% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0286% | 4h | 2.9930 | −0.033% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.050% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.100% | $52K | $39K | 20x | as long as short |
BloFin NG-USDT
Extended XNG-USD
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
tradeXYZ xyz:NATGAS
Aster NATGASUSDT
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD