Funding you earn now, next payment 00:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.88 per $10,000 · paid last 24h +0.220%
Price spread now: Bitget against edgeX−0.104%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days+0.832%+$83 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.104%, 7d avg −0.046%
=Together, before fees+0.904%+ Points / potential airdropedgeX: Active · farm board+$90 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.058% cheaper against edgeX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.046%). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.832% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 2.9931 | 0.0649 | pay 0.0325% / 4h | 1h 19m | $85K | $212K | 20x |
| Short | Bitget NATGASUSDT | 2.9900 | 0.0826 | get 0.0413% / 4h | 1h 19m | $10.0M | $4.0M | 100x |
edgeX NATGASUSDC
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $37.14
- Price spread: −0.104% → −0.046%
- −$5.8
- Slippage, 4 orders
- −$56.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.11
- Costs to cover
- 0.774%
- Break-even
- 15.7 days
Slippage from edgeX: live order book, 63 min ago; Bitget: live order book, 4 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, 63 min ago | 13.37 bp | 30.8 bp −$31 | 39.0 bp −$390 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.67 bp | 11.7 bp −$12 | 21.1 bp −$211 | 73.2 bp −$7,323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0040% | 1h | 2.9929 | −0.008% | $35K | — | 20x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9951 | +0.066% | $2K | $2.6M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9919 | −0.041% | $618K | $411K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9910 | −0.071% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9929 | −0.008% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9950 | +0.063% | $84K | $49K | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9907 | −0.081% | $68K | $34K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.104% | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.104% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9930 | −0.004% | $1.5M | $100K | 10x | as long as short |
Hotstuff NATGAS-PERP
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0118% | 8h | 2.9930 | −0.004% | $5K | — | 5x | as long as short |
| QFEX NATGAS-USD | +0.0160% | 1h | 2.9930 | −0.004% | $656K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0208% | 1h | 2.9906 | −0.084% | $110K | $704K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0208% | 4h | 2.9920 | −0.038% | $1.0M | $1.2M | 20x | as long as short |
| HTX NATGAS-USDT | +0.0218% | 4h | 2.9946 | +0.049% | $98K | $214K | 75x | as long as short |
| Gate NG_USDT | +0.0228% | 8h | 2.9960 | +0.096% | $1.5M | $307K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0318% | 8h | 2.9930 | −0.004% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0330% | 8h | 2.9940 | +0.029% | $80K | $189K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0360% | 4h | 2.9923 | −0.027% | $13K | $246K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9935 | +0.013% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0515% | 1h | 2.9948 | +0.054% | $52K | $44K | 20x | as long as short |
| Aster NATGASUSDT | +0.0539% | 4h | 2.9934 | +0.009% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGAS | +0.0568% | 4h | 2.9931 | 0.000% | $311K | $446K | — | as long as short |
| Binance NATGASUSDT | +0.0623% | 4h | 2.9937 | +0.019% | $10.1M | $31.0M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0649% | 4h | 2.9931 | long leg | $85K | $212K | 20x | |
| Bitget NATGASUSDTshort | +0.0826% | 4h | 2.9900 | −0.104% | $10.0M | $4.0M | 100x |
Paradex NG-USD-PERP
QFEX NATGAS-USD
Extended XNG-USD
KuCoin NATGASUSDTM
HTX NATGAS-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT