Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.121%
Price spread now: BloFin against Extended+0.007%94s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as 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−$290.290% of the position
Funding, last 7 days+0.379%+$38 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.007%, 7d avg −0.030%
=Together, before fees+0.372%+ Points / potential airdropExtended: Active · farm board+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 94 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 | Extended XNG-USD | 2.9938 | 0.0064 | pay 0.0008% / 1h | 17m 32s | $110K | $453K | 5x |
| Short | BloFin NG-USDT | 2.9940 | 0.0113 | get 0.0113% / 8h | 17m 32s | $80K | $189K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $10.34
- Price spread: +0.007% → −0.030%
- $3.71
- Slippage, 4 orders
- −$12.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.98
- Costs to cover
- 0.290%
- Break-even
- 17.1 days
Slippage from Extended: live order book, 60 min ago; BloFin: live order book, 52 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 Extended live order book, 60 min ago | 0.67 bp | 4.2 bp −$4 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 3.34 bp | 12.0 bp −$12 | 13.4 bp −$134 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9949 | +0.037% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | +0.114% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.164% | $98K | $212K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 2.9948 | +0.033% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | +0.040% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9965 | +0.090% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.040% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | +0.030% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | +0.007% | $84K | $43K | 10x | as long as short |
| Extended XNG-USDlong | +0.0064% | 1h | 2.9938 | long leg | $110K | $453K | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0066% | 4h | 2.9960 | +0.073% | $265K | $73K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 2.9951 | +0.042% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | +0.033% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.040% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.127% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.207% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.073% | $1.5M | $97K | 10x | as long as short |
| BloFin NG-USDTshort | +0.0113% | 8h | 2.9940 | +0.007% | $80K | $189K | 20x | |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.043% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0133% | 8h | 2.9950 | +0.040% | $856K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0173% | 8h | 2.9980 | +0.140% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0192% | 4h | 2.9950 | +0.040% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0230% | 4h | 2.9951 | +0.042% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0286% | 4h | 2.9930 | −0.027% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.057% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.107% | $52K | $39K | 20x | as long as short |
Extended XNG-USD
BloFin NG-USDT
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
tradeXYZ xyz:NATGAS
Aster NATGASUSDT
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD