Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX+0.033%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.033%, 7d avg +0.022%
=Together, before fees+0.088%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0040 | 0.0651 | pay 0.0325% / 4h | 2h 26m | $85K | $213K | 20x |
| Short | Binance NATGASUSDT | 3.0050 | 0.0624 | get 0.0312% / 4h | 2h 26m | $10.3M | $28.3M | 100x |
edgeX NATGASUSDC
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$5.57
- Price spread: +0.033% → +0.022%
- $1.08
- Slippage, 4 orders
- −$49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.5
- Costs to cover
- 0.680%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 20 min ago; Binance: live order book, 14 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 edgeX live order book, 20 min ago | 13.32 bp | 33.6 bp −$34 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.66 bp | 6.7 bp −$7 | 12.6 bp −$126 | 40.6 bp −$4,057 | 137.6 bp −$68.8K |
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 | 2.8449 | −5.297% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.106% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0056 | +0.053% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0047 | +0.023% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | +0.033% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0062 | +0.073% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0070% | 8h | 3.0068 | +0.092% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0074% | 1h | 3.0055 | +0.049% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0036 | −0.014% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.134% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.134% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.001% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0054 | +0.046% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0228% | 4h | 3.0069 | +0.096% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0240% | 4h | 3.0041 | +0.001% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0360% | 4h | 3.0040 | −0.001% | $1.0M | $960K | 20x | as long as short |
| Aster NATGASUSDT | +0.0393% | 4h | 3.0051 | +0.036% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0520% / S −0.0466% | 1h | 3.0055 | +0.049% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0592% | 8h | 3.0080 | +0.132% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0606% | 4h | 3.0050 | +0.034% | $317K | $434K | — | as long as short |
| Binance NATGASUSDTshort | +0.0624% | 4h | 3.0050 | +0.033% | $10.3M | $28.3M | 100x | |
| edgeX NATGASUSDClong | +0.0651% | 4h | 3.0040 | long leg | $85K | $213K | 20x | |
| OKX NG-USDT-SWAP | +0.0658% | 8h | 3.0050 | +0.033% | $867K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0670% | 8h | 3.0040 | −0.001% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1016% | 4h | 3.0020 | −0.067% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0074 | +0.112% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD