Funding you earn now, next payment 02:00 UTC+0.0358%/8h= +39.2% APRpaid last 24h −0.004%
Price spread now: GRVT against Extended+0.018%92s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as 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−$260.264% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.018%, 7d avg +0.003%
=Together, before fees−0.156%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0017 | 0.0032 | pay 0.0004% / 1h | 42m 01s | $110K | $450K | 5x |
| Short | GRVT NATGAS_USDT_Perp | 3.0022 | 0.0390 | get 0.0195% / 4h | 2h 42m | $12K | $214K | 25x |
Extended XNG-USD
GRVT NATGAS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $75.18
- Price spread: +0.018% → +0.003%
- $1.53
- Slippage, 4 orders
- −$12.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $50.33
- Costs to cover
- 0.264%
- Break-even
- 2.3 days
Slippage from Extended: live order book, 26 min ago; GRVT: live order book, 25 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, 26 min ago | 1.00 bp | 4.8 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 25 min ago | 1.66 bp | 6.2 bp −$6 | 29.4 bp −$294 | doesn't fit | doesn't fit |
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 | 2.8395 | −5.403% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.117% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | +0.044% | $659K | $86K | 20x | as long as short |
| Extended XNG-USDlong | +0.0032% | 1h | 3.0017 | long leg | $110K | $450K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.044% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0024 | +0.024% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0023 | +0.020% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0048 | +0.104% | $84K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0058% | 8h | 3.0038 | +0.070% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0096% | 1h | 3.0039 | +0.074% | $618K | $444K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0026 | +0.030% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | +0.010% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.056% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.056% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.077% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0155% | 4h | 3.0030 | +0.044% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0251% | 4h | 3.0065 | +0.160% | $98K | $212K | 75x | as long as short |
| Variational Omni NATGAS | +0.0267% | 4h | 3.0030 | +0.045% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.123% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0315% | 8h | 3.0030 | +0.044% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0349% | 4h | 3.0019 | +0.008% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0351% | 4h | 3.0036 | +0.065% | $10.1M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perpshort | +0.0390% | 4h | 3.0022 | +0.018% | $12K | $214K | 25x | |
| Gate NG_USDT | +0.0398% | 8h | 3.0050 | +0.110% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0418% / S −0.0355% | 1h | 3.0035 | +0.060% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0562% | 4h | 3.0000 | −0.056% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0057 | +0.135% | $54K | $37K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD