Funding you earn now, next payment 09:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.070%
Price spread now: GMX against BloFin+0.083%69s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.083% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 3.0000 | 0.0497 | pay 0.0497% / 8h | 7h 18m | $76K | $197K | 20x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0025 | L +0.0587% / S −0.0602% | get 0.0075% / 1h | 18m 55s | $88K | — | 45x |
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $22.02
- Price spread: +0.083% → 0.000%
- $8.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $6.35
- Costs to cover
- 0.240%
- Break-even
- 5.0 days
Slippage unknown: BloFin: live order book, 47 min ago; GMX: 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 BloFin live order book, 47 min ago | 1.67 bp | 15.8 bp −$16 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0080% | 1h | 3.0013 | +0.043% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | 0.0000% | 1h | 3.0010 | +0.033% | $658K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8345 | −5.517% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0021 | +0.070% | $2K | $2.2M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9985 | −0.050% | $630K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0040% | 1h | 2.9967 | −0.109% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9989 | −0.037% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.130% | $84K | $29K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0072% | 8h | 3.0029 | +0.098% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
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 | 2.9970 | −0.100% | $69K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | +0.033% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0174% | 4h | 2.9980 | −0.067% | $1.0M | $836K | 20x | as long as short |
| Gate NG_USDT | +0.0203% | 8h | 3.0010 | +0.033% | $1.5M | $193K | 100x | as long as short |
| Aster NATGASUSDT | +0.0220% | 4h | 3.0015 | +0.049% | $264K | $69K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0275% | 4h | 3.0018 | +0.060% | $118K | $221K | 75x | as long as short |
| Variational Omni NATGAS | +0.0389% | 4h | 3.0021 | +0.069% | $347K | $420K | — | as long as short |
| edgeX NATGASUSDC | +0.0407% | 4h | 3.0027 | +0.090% | $85K | $212K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0412% | 4h | 3.0020 | +0.065% | $20K | $213K | 25x | as long as short |
| Binance NATGASUSDT | +0.0414% | 4h | 2.9990 | −0.033% | $10.4M | $29.0M | 100x | as long as short |
| BloFin NG-USDTlong | +0.0497% | 8h | 3.0000 | long leg | $76K | $197K | 20x | |
| OKX NG-USDT-SWAP | +0.0503% | 8h | 2.9990 | −0.033% | $801K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0587% / S −0.0602% | 1h | 3.0025 | +0.083% | $88K | — | 45x | |
| Kraken Futures PF_NATGASUSD | +0.0685% | 1h | 2.9987 | −0.042% | $52K | $37K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0874% | 4h | 2.9960 | −0.133% | $9.9M | $2.9M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
edgeX NATGASUSDC
GRVT NATGAS_USDT_Perp
Binance NATGASUSDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT