Funding you earn now, next payment 09:00 UTC+0.0245%/8h= +26.8% APRpaid last 24h +0.112%
Price spread now: Gate against gTrade (Gains Network)+5.852%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 5.852% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$585 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 | gTrade (Gains Network) NATGAS/USD | 2.8351 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 42m 22s | — | — | — |
| Short | Gate NG_USDT | 3.0010 | 0.0245 | get 0.0245% / 8h | 7h 42m | $1.5M | $193K | 100x |
gTrade (Gains Network) NATGAS/USD
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against gTrade (Gains Network). 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
- $51.45
- Price spread: +5.852% → 0.000%
- $585.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $611.61
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 1.66 bp | 20.3 bp −$20 | 54.7 bp −$547 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NATGAS-USD | 0.0000% | 1h | 3.0000 | +5.816% | $658K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8351 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0021 | +5.890% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0005 | +5.834% | $630K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9986 | +5.767% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9980 | +5.746% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9980 | +5.746% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0021 | +5.890% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0050% | 8h | 3.0006 | +5.839% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9982 | +5.753% | $69K | $30K | 10x | as long as short |
QFEX NATGAS-USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-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 | +5.816% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +5.816% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | +5.816% | $1.5M | $90K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0120% | 1h | 2.9984 | +5.760% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0152% | 4h | 2.9980 | +5.746% | $1.0M | $848K | 20x | as long as short |
| Aster NATGASUSDT | +0.0173% | 4h | 3.0016 | +5.873% | $264K | $69K | 50x | as long as short |
| Gate NG_USDTshort | +0.0245% | 8h | 3.0010 | +5.852% | $1.5M | $193K | 100x | |
| HTX NATGAS-USDT | +0.0282% | 4h | 3.0013 | +5.862% | $118K | $220K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0316% | 4h | 2.9990 | +5.782% | $18K | $218K | 25x | as long as short |
| Variational Omni NATGAS | +0.0340% | 4h | 3.0000 | +5.817% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0366% | 4h | 2.9990 | +5.781% | $10.4M | $28.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0373% | 4h | 2.9995 | +5.799% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0514% | 8h | 2.9980 | +5.746% | $801K | $1.9M | 50x | as long as short |
| BloFin NG-USDT | +0.0517% | 8h | 3.0000 | +5.816% | $76K | $198K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0596% / S −0.0612% | 1h | 2.9985 | +5.763% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0685% | 1h | 2.9996 | +5.801% | $53K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0842% | 4h | 2.9960 | +5.675% | $9.9M | $3.0M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT