Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h −0.029%
Price spread now: Gate against edgeX+0.135%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.135%, 7d avg +0.023%
=Together, before fees+0.087%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.112% dearer against edgeX than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.023%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0029 | 0.0615 | pay 0.0308% / 4h | 3h 27m | $85K | $214K | 20x |
| Short | Gate NG_USDT | 3.0070 | 0.0538 | get 0.0538% / 8h | 3h 27m | $1.5M | $192K | 100x |
edgeX NATGASUSDC
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$16.22
- Price spread: +0.135% → +0.023%
- $11.25
- Slippage, 4 orders
- −$68.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.9
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 25 min ago; Gate: live order book, just now.
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, 25 min ago | 13.32 bp | 33.8 bp −$34 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 1.66 bp | 21.2 bp −$21 | 47.4 bp −$474 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8416 | −5.373% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.075% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0030 | +0.002% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | −0.041% | $627K | $502K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0022 | −0.025% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.065% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | +0.065% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0034 | +0.016% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0085% | 1h | 3.0022 | −0.025% | $6.0M | $5.7M | 10x | as long as short |
| Extended XNG-USD | +0.0088% | 1h | 3.0008 | −0.073% | $110K | $375K | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Extended XNG-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0007 | −0.075% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.098% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.098% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.002% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0344% | 4h | 3.0020 | −0.031% | $1.0M | $996K | 20x | as long as short |
| Aster NATGASUSDT | +0.0392% | 4h | 3.0046 | +0.056% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0482% / S −0.0425% | 1h | 3.0035 | +0.018% | $92K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0491% | 4h | 3.0054 | +0.082% | $106K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0492% | 4h | 3.0020 | −0.033% | $13K | $222K | 25x | as long as short |
| Gate NG_USDTshort | +0.0538% | 8h | 3.0070 | +0.135% | $1.5M | $192K | 100x | |
| BloFin NG-USDT | +0.0555% | 8h | 3.0030 | +0.002% | $81K | $194K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0576% | 8h | 3.0030 | +0.002% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0592% | 4h | 3.0030 | +0.001% | $317K | $439K | — | as long as short |
| edgeX NATGASUSDClong | +0.0615% | 4h | 3.0029 | long leg | $85K | $214K | 20x | |
| Binance NATGASUSDT | +0.0622% | 4h | 3.0030 | +0.002% | $10.2M | $28.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0046 | +0.055% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0992% | 4h | 2.9990 | −0.131% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT