Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.040%
Price spread now: BloFin against edgeX+0.001%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.001%, 7d avg −0.040%
=Together, before fees+0.011%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.041% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0060 | 0.0592 | pay 0.0296% / 4h | 2h 06m | $85K | $212K | 20x |
| Short | BloFin NG-USDT | 3.0060 | 0.0644 | get 0.0644% / 8h | 2h 06m | $81K | $195K | 20x |
edgeX NATGASUSDC
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $10.99
- Price spread: +0.001% → −0.040%
- $4.12
- Slippage, 4 orders
- −$57.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.43
- Costs to cover
- 0.785%
- Break-even
- 47.4 days
Slippage from edgeX: live order book, 40 min ago; BloFin: live order book, 9 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, 40 min ago | 13.32 bp | 33.6 bp −$34 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 3.33 bp | 12.2 bp −$12 | 13.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.107% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0077 | +0.057% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0068 | +0.028% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0070 | +0.034% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.034% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.036% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0056% | 1h | 3.0074 | +0.047% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0087 | +0.091% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0068 | +0.027% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.199% | $37K | $218K | 50x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
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_mythos | +0.0100% | 8h | 3.0000 | −0.199% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.034% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0122% | 4h | 3.0080 | +0.067% | $107K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | −0.025% | $13K | $212K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0208% | 1h | 3.0076 | +0.054% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0316% | 4h | 3.0060 | +0.001% | $1.0M | $945K | 20x | as long as short |
| Aster NATGASUSDT | +0.0338% | 4h | 3.0084 | +0.082% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0529% / S −0.0530% | 1h | 3.0075 | +0.051% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | 0.000% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0577% | 4h | 3.0063 | +0.010% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0592% | 4h | 3.0060 | long leg | $85K | $212K | 20x | |
| Gate NG_USDT | +0.0615% | 8h | 3.0100 | +0.134% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDTshort | +0.0644% | 8h | 3.0060 | +0.001% | $81K | $195K | 20x | |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | +0.067% | $868K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0982% | 4h | 3.0030 | −0.099% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1180% | 1h | 3.0093 | +0.111% | $56K | $35K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
Gate NG_USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD