Funding you earn now, next payment 08:00 UTC−0.0500%/8h= −54.8% APRnext payment −$5.00 per $10,000 · paid last 24h −0.061%
Price spread now: Orderly against BloFin−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$15 a day on $10k at the current rate, and Orderly is 0.067% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 3.0020 | 0.0600 | pay 0.0600% / 8h | 3h 18m | $81K | $194K | 20x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 3h 18m | $3K | $544 | 10x |
BloFin NG-USDT
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$105.08
- Price spread: −0.067% → 0.000%
- −$6.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$129.75
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 1 min ago; Orderly: 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, 1 min ago | 1.66 bp | 12.3 bp −$12 | 15.0 bp −$150 | 72.5 bp −$7,247 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 3.0052 | +0.107% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | 0.000% | $669K | $91K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0016 | −0.013% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | −0.010% | $628K | $502K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0019 | −0.003% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0074% | 8h | 3.0038 | +0.059% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0090% | 1h | 3.0026 | +0.020% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0000 | −0.067% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.266% | $37K | $218K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.033% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USD | +0.0160% | 1h | 3.0021 | +0.002% | $110K | $365K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0020 | 0.000% | $1.0M | $991K | 20x | as long as short |
| Aster NATGASUSDT | +0.0405% | 4h | 3.0056 | +0.118% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0460% | 4h | 3.0020 | 0.000% | $13K | $223K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0485% / S −0.0428% | 1h | 3.0035 | +0.050% | $92K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0527% | 4h | 3.0074 | +0.180% | $107K | $211K | 75x | as long as short |
| Gate NG_USDT | +0.0547% | 8h | 3.0070 | +0.167% | $1.5M | $193K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0588% | 8h | 3.0030 | +0.033% | $866K | $1.7M | 50x | as long as short |
| BloFin NG-USDTlong | +0.0600% | 8h | 3.0020 | long leg | $81K | $194K | 20x | |
| Variational Omni NATGAS | +0.0612% | 4h | 3.0030 | +0.032% | $317K | $439K | — | as long as short |
| Binance NATGASUSDT | +0.0636% | 4h | 3.0047 | +0.090% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0639% | 4h | 3.0030 | +0.032% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0046 | +0.087% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1008% | 4h | 3.0010 | −0.033% | $9.9M | $3.2M | 100x | as long as short |
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT