Funding you earn now, next payment 04:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.101%
Price spread now: Paradex against edgeX+0.040%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.040% dearer against edgeX than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 52 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 | 3.0011 | 0.0563 | pay 0.0281% / 4h | 1h 28m | $85K | $213K | 20x |
| Short | Paradex NG-USD-PERP | 3.0023 | 0.0063 | get 0.0063% / 8h | 5h 28m | $5K | — | 5x |
edgeX NATGASUSDC
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$104.92
- Price spread: +0.040% → 0.000%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$113.92
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 33 min ago; Paradex: 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, 33 min ago | 13.34 bp | 33.4 bp −$33 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 2.8439 | −5.238% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.103% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.004% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | +0.020% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.004% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0007 | −0.014% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERPshort | +0.0063% | 8h | 3.0023 | +0.040% | $5K | — | 5x | |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0011 | 0.000% | $35K | — | 20x | as long as short |
| Extended XNG-USD | +0.0088% | 1h | 2.9997 | −0.046% | $110K | $444K | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0018 | +0.023% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Hotstuff NATGAS-PERP
Extended XNG-USD
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 | 3.0100 | +0.296% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.037% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.063% | $1.5M | $95K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0103% | 1h | 3.0009 | −0.007% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0242% | 4h | 3.0031 | +0.066% | $101K | $214K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0346% | 4h | 3.0020 | +0.030% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0361% | 4h | 3.0011 | 0.000% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0394% | 4h | 3.0020 | +0.030% | $12K | $214K | 25x | as long as short |
| BloFin NG-USDT | +0.0419% | 8h | 2.9990 | −0.070% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0427% | 8h | 3.0020 | +0.030% | $854K | $1.7M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0434% / S −0.0372% | 1h | 3.0025 | +0.046% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0435% | 8h | 3.0060 | +0.163% | $1.5M | $209K | 100x | as long as short |
| Variational Omni NATGAS | +0.0532% | 4h | 3.0019 | +0.026% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDClong | +0.0563% | 4h | 3.0011 | long leg | $85K | $213K | 20x | |
| Binance NATGASUSDT | +0.0576% | 4h | 3.0026 | +0.049% | $10.2M | $29.0M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0946% | 4h | 3.0000 | −0.037% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0034 | +0.076% | $54K | $36K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD