Funding you earn now, next payment 03:00 UTC+0.0315%/8h= +34.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.148%
Price spread now: GMX against Extended+0.073%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and GMX is 0.073% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0003 | 0.0056 | pay 0.0007% / 1h | 30m 36s | $110K | $444K | 5x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0025 | L +0.0433% / S −0.0371% | get 0.0046% / 1h | 30m 36s | $92K | — | 45x |
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $66.16
- Price spread: +0.073% → 0.000%
- $7.32
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $56.47
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: Extended: live order book, 32 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 Extended live order book, 32 min ago | 0.67 bp | 3.7 bp −$4 | 8.4 bp −$84 | 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 | 2.8445 | −5.193% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.126% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.023% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0025 | +0.073% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.023% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9996 | −0.023% | $82K | $26K | 10x | as long as short |
| Extended XNG-USDlong | +0.0056% | 1h | 3.0003 | long leg | $110K | $444K | 5x | |
| Paradex NG-USD-PERP | +0.0064% | 8h | 3.0029 | +0.086% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0011 | +0.027% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0020 | +0.058% | $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
Paradex NG-USD-PERP
Hotstuff NATGAS-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 | −0.010% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.010% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.090% | $1.5M | $95K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0105% | 1h | 3.0011 | +0.027% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0238% | 4h | 3.0040 | +0.123% | $101K | $214K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0338% | 4h | 3.0020 | +0.057% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0352% | 4h | 3.0014 | +0.035% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0390% | 4h | 3.0017 | +0.045% | $12K | $214K | 25x | as long as short |
| BloFin NG-USDT | +0.0415% | 8h | 2.9990 | −0.043% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0420% | 8h | 3.0020 | +0.057% | $854K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0430% | 8h | 3.0060 | +0.190% | $1.5M | $209K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0433% / S −0.0371% | 1h | 3.0025 | +0.073% | $92K | — | 45x | |
| Variational Omni NATGAS | +0.0532% | 4h | 3.0019 | +0.053% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0563% | 4h | 3.0011 | +0.027% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0569% | 4h | 3.0028 | +0.082% | $10.2M | $29.0M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0940% | 4h | 3.0000 | −0.010% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0035 | +0.108% | $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
Gate NG_USDT
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD