Funding you earn now, next payment 00:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.040%
Price spread now: Binance against Gate−0.081%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$550.554% of the position
Funding, last 7 days−0.288%−$29 on $10k
+Price spread, last 2 days (all we have)+0.101%+$10 · spread now −0.081%, 7d avg −0.025%
=Funding pays, the price is against you. Binance is 0.056% cheaper against Gate than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.288%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 2.9960 | 0.0196 | pay 0.0196% / 8h | 42m 30s | $1.5M | $284K | 100x |
| Short | Binance NATGASUSDT | 2.9936 | 0.0357 | get 0.0179% / 4h | 42m 30s | $10.1M | $30.3M | 100x |
Gate NG_USDT
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $33.84
- Price spread: −0.081% → −0.025%
- −$5.64
- Slippage, 4 orders
- −$30.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.17
- Costs to cover
- 0.554%
- Break-even
- 12.6 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 14 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 Gate live order book, 5 min ago | 1.67 bp | 24.2 bp −$24 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.67 bp | 6.7 bp −$7 | 9.3 bp −$93 | 38.2 bp −$3,822 | 137.3 bp −$68.7K |
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 | 2.8281 | −5.604% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9925 | −0.117% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9950 | −0.033% | $98K | $214K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9920 | −0.134% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9942 | −0.060% | $619K | $416K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 2.9924 | −0.120% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | −0.100% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9924 | −0.120% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9920 | −0.134% | $84K | $43K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0079% | 8h | 2.9930 | −0.100% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Hotstuff NATGAS-PERP
Vest NG-PERP
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 | 2.9930 | −0.100% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9930 | −0.100% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.200% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9930 | −0.100% | $1.5M | $98K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0106% | 4h | 2.9930 | −0.100% | $13K | $238K | 25x | as long as short |
| Extended XNG-USD | +0.0160% | 1h | 2.9918 | −0.140% | $110K | $471K | 5x | as long as short |
| Gate NG_USDTlong | +0.0196% | 8h | 2.9960 | long leg | $1.5M | $284K | 100x | |
| BloFin NG-USDT | +0.0211% | 8h | 2.9930 | −0.100% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0213% | 8h | 2.9920 | −0.134% | $856K | $1.7M | 50x | as long as short |
| Aster NATGASUSDT | +0.0249% | 4h | 2.9942 | −0.062% | $265K | $105K | 50x | as long as short |
| Variational Omni NATGAS | +0.0298% | 4h | 2.9931 | −0.096% | $311K | $443K | — | as long as short |
| Binance NATGASUSDTshort | +0.0357% | 4h | 2.9936 | −0.081% | $10.1M | $30.3M | 100x | |
| edgeX NATGASUSDC | +0.0396% | 4h | 2.9931 | −0.096% | $85K | $213K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9935 | −0.083% | $93K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0466% | 4h | 2.9900 | −0.200% | $10.0M | $3.9M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1218% | 1h | 2.9945 | −0.050% | $52K | $39K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Extended XNG-USD
BloFin NG-USDT
OKX NG-USDT-SWAP
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD