Funding you earn now, next payment 05:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h +0.032%
Price spread now: GMX against edgeX−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GMX is 0.102% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0046 | 0.0600 | pay 0.0300% / 4h | 3h 44m | $85K | $213K | 20x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0015 | L +0.0470% / S −0.0412% | get 0.0052% / 1h | 44m 51s | $92K | — | 45x |
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$39.32
- Price spread: −0.102% → 0.000%
- −$10.23
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$70.55
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 7 min ago; GMX: no order-book sample. Net counts fees only.
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, 7 min ago | 13.32 bp | 33.8 bp −$34 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 2.8406 | −5.457% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | −0.016% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | −0.086% | $668K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0004 | −0.139% | $626K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.159% | $110K | $395K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.119% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | −0.022% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0077% | 1h | 3.0008 | −0.126% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0077% | 8h | 3.0037 | −0.030% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9991 | −0.182% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
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 | −0.152% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.152% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.086% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0144% | 1h | 3.0014 | −0.106% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0328% | 4h | 3.0010 | −0.119% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0376% | 4h | 3.0042 | −0.011% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0470% / S −0.0412% | 1h | 3.0015 | −0.102% | $92K | — | 45x | |
| Gate NG_USDT | +0.0525% | 8h | 3.0050 | +0.014% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0526% | 8h | 3.0030 | −0.052% | $81K | $191K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0543% | 4h | 3.0058 | +0.041% | $107K | $214K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0552% | 8h | 3.0000 | −0.152% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | −0.087% | $316K | $449K | — | as long as short |
| edgeX NATGASUSDClong | +0.0600% | 4h | 3.0046 | long leg | $85K | $213K | 20x | |
| Binance NATGASUSDT | +0.0600% | 4h | 3.0017 | −0.096% | $10.2M | $28.4M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0622% | 4h | 3.0040 | −0.019% | $25K | $218K | 25x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0027 | −0.064% | $53K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0986% | 4h | 2.9990 | −0.186% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Gate NG_USDT
BloFin NG-USDT
HTX NATGAS-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT