Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Extended+0.041%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 3 days (all we have)−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.041%, 7d avg −0.016%
=Together, before fees−0.176%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.057% dearer against Extended than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.016%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days.
| 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 | 18m 05s | $110K | $453K | 5x |
| Short | QFEX NATGAS-USD | 2.9950 | 0.0030 | get 0.0004% / 1h | 18m 05s | $657K | $86K | 20x |
Extended XNG-USD
QFEX NATGAS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$7.24
- Price spread: +0.041% → −0.016%
- $5.67
- Slippage, 4 orders
- −$9.29
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.86
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from Extended: live order book, 60 min ago; QFEX: live order book, 46 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 QFEX live order book, 46 min ago | 1.67 bp | 9.9 bp −$10 | 10.0 bp −$100 | 13.2 bp −$1,319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0024% | 1h | 2.9947 | +0.031% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9948 | +0.034% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | +0.115% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.165% | $98K | $212K | 75x | as long as short |
| QFEX NATGAS-USDshort | +0.0030% | 1h | 2.9950 | +0.041% | $657K | $86K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 2.9965 | +0.091% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.041% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | +0.031% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | +0.008% | $84K | $43K | 10x | as long as short |
| Extended XNG-USDlong | +0.0064% | 1h | 2.9938 | long leg | $110K | $453K | 5x |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0067% | 8h | 2.9950 | +0.041% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0074% | 4h | 2.9960 | +0.075% | $265K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | +0.034% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.041% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.126% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.208% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.075% | $1.5M | $97K | 10x | as long as short |
| BloFin NG-USDT | +0.0113% | 8h | 2.9940 | +0.008% | $80K | $189K | 20x | as long as short |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.044% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0136% | 8h | 2.9960 | +0.075% | $856K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0174% | 8h | 2.9980 | +0.141% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0202% | 4h | 2.9950 | +0.041% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0252% | 4h | 2.9951 | +0.043% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0292% | 4h | 2.9930 | −0.026% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.058% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.108% | $52K | $39K | 20x | as long as short |
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
BloFin NG-USDT
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