Funding you earn now, next payment 08:00 UTC−0.0372%/8h= −40.8% APRpaid last 24h −0.109%
Price spread now: Extended against edgeX−0.003%73s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.635% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.003%, 7d avg −0.011%
=Together, before fees−0.067%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0017 | 0.0404 | pay 0.0202% / 4h | 16m 21s | $85K | $213K | 20x |
| Short | Extended XNG-USD | 3.0016 | 0.0032 | get 0.0004% / 1h | 16m 21s | $111K | $271K | 5x |
edgeX NATGASUSDC
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$78.19
- Price spread: −0.003% → −0.011%
- $0.76
- Slippage, 4 orders
- −$49.46
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$140.89
- Costs to cover
- 0.635%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 21 min ago; Extended: live order book, 21 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, 21 min ago | 13.31 bp | 33.6 bp −$34 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Extended live order book, 21 min ago | 0.83 bp | 3.9 bp −$4 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 | 0.0000% | 1h | 3.0023 | +0.021% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8389 | −5.422% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.085% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0029 | +0.041% | $117K | $217K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | +0.011% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0030 | +0.045% | $630K | $495K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 3.0016 | −0.003% | $111K | $271K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.045% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0018 | +0.005% | $6.0M | $5.3M | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0050% | 4h | 3.0026 | +0.030% | $15K | $222K | 25x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
GRVT NATGAS_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0036 | +0.065% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0029 | +0.040% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0020 | +0.011% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.055% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.055% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.011% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0148% | 4h | 3.0010 | −0.022% | $1.0M | $872K | 20x | as long as short |
| Aster NATGASUSDT | +0.0165% | 4h | 3.0040 | +0.078% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0365% | 4h | 3.0010 | −0.023% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0382% | 4h | 3.0023 | +0.023% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0404% | 4h | 3.0017 | long leg | $85K | $213K | 20x | |
| OKX NG-USDT-SWAP | +0.0571% | 8h | 2.9990 | −0.089% | $838K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0572% | 8h | 3.0000 | −0.055% | $81K | $198K | 20x | as long as short |
| Gate NG_USDT | +0.0576% | 8h | 3.0040 | +0.078% | $1.5M | $196K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0600% | 1h | 3.0025 | +0.028% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0838% | 4h | 2.9990 | −0.089% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0041 | +0.081% | $56K | $35K | 20x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD