Funding you earn now, next payment 04:00 UTC−0.0171%/8h= −18.8% APRpaid last 24h −0.087%
Price spread now: Orderly against edgeX−0.100%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$5 a day on $10k at the current rate, and Orderly is 0.100% 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. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0030 | 0.0271 | pay 0.0136% / 4h | 3h 03m | $85K | $212K | 20x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 7h 03m | $3K | $544 | 10x |
edgeX NATGASUSDC
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$36
- Price spread: −0.100% → 0.000%
- −$10
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$61.01
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 3 min ago; Orderly: 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, 3 min ago | 13.33 bp | 33.6 bp −$34 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 2.8379 | −5.498% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.073% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0020 | −0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0029 | −0.003% | $617K | $417K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | −0.054% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | 0.000% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0017 | −0.043% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0017 | −0.043% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | +0.063% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0034 | +0.013% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0018 | −0.040% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | −0.033% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.100% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.100% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDT | +0.0106% | 4h | 3.0030 | 0.000% | $266K | $73K | 50x | as long as short |
| Variational Omni NATGAS | +0.0200% | 4h | 3.0029 | −0.002% | $312K | $443K | — | as long as short |
| HTX NATGAS-USDT | +0.0202% | 4h | 3.0051 | +0.070% | $98K | $211K | 75x | as long as short |
| OKX NG-USDT-SWAP | +0.0265% | 8h | 3.0020 | −0.033% | $863K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0268% | 8h | 2.9990 | −0.133% | $81K | $189K | 20x | as long as short |
| edgeX NATGASUSDClong | +0.0271% | 4h | 3.0030 | long leg | $85K | $212K | 20x | |
| Binance NATGASUSDT | +0.0289% | 4h | 3.0030 | 0.000% | $10.1M | $29.2M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0322% | 4h | 3.0020 | −0.033% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0378% | 8h | 3.0040 | +0.033% | $1.5M | $256K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0413% / S −0.0350% | 1h | 3.0035 | +0.017% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0416% | 4h | 3.0010 | −0.067% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0042 | +0.040% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Aster NATGASUSDT
Variational Omni NATGAS
HTX NATGAS-USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD