Funding you earn now, next payment 07:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.056%
Price spread now: GRVT against gTrade (Gains Network)+5.627%52s7-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
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GRVT is 5.627% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$563 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | gTrade (Gains Network) NATGAS/USD | 2.8476 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 17m 18s | — | — | — |
| Short | GRVT NATGAS_USDT_Perp | 3.0078 | 0.0140 | get 0.0070% / 4h | 1h 17m | $22K | $211K | 25x |
gTrade (Gains Network) NATGAS/USD
GRVT NATGAS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $29.4
- Price spread: +5.627% → 0.000%
- $562.68
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $573.08
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; GRVT: live order book, 25 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 GRVT live order book, 25 min ago | 1.66 bp | 6.2 bp −$6 | 11.6 bp −$116 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8476 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0112 | +5.745% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0080 | +5.633% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0092 | +5.675% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0076 | +5.618% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0090 | +5.668% | — | $14K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0048% | 4h | 3.0106 | +5.724% | $107K | $202K | 75x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0081 | +5.636% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0112 | +5.745% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0097 | +5.694% | $5K | — | 5x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
HTX NATGAS-USDT
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0074 | +5.612% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +5.703% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +5.703% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0100 | +5.703% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perpshort | +0.0140% | 4h | 3.0078 | +5.627% | $22K | $211K | 25x | |
| Hotstuff NATGAS-PERP | +0.0216% | 1h | 3.0088 | +5.661% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0234% | 4h | 3.0050 | +5.527% | $1.0M | $912K | 20x | as long as short |
| Aster NATGASUSDT | +0.0269% | 4h | 3.0104 | +5.717% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGAS | +0.0493% | 4h | 3.0070 | +5.597% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0512% | 4h | 3.0090 | +5.668% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0533% | 4h | 3.0070 | +5.597% | $85K | $213K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0557% / S −0.0564% | 1h | 3.0095 | +5.685% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0610% | 8h | 3.0090 | +5.668% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0637% | 8h | 3.0080 | +5.633% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0080 | +5.633% | $876K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0944% | 4h | 3.0060 | +5.563% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0107 | +5.727% | $56K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD