Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.261%
Price spread now: Bitget against Gate−0.133%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days+0.567%+$57 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.133%, 7d avg −0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 2.9980 | 0.0162 | pay 0.0162% / 8h | 7h 59m | $1.5M | $254K | 100x |
| Short | Bitget NATGASUSDT | 2.9940 | 0.0168 | get 0.0084% / 4h | 3h 59m | $10.0M | $3.6M | 100x |
Gate NG_USDT
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $1.26
- Price spread: −0.133% → −0.095%
- −$3.82
- Slippage, 4 orders
- −$37.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.91
- Costs to cover
- 0.644%
- Break-even
- 378.7 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 9 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, 3 min ago | 1.67 bp | 23.3 bp −$23 | 77.7 bp −$777 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 1.67 bp | 10.7 bp −$11 | 20.8 bp −$208 | 79.7 bp −$7,973 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9953 | −0.091% | $13K | $238K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8316 | −5.550% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9981 | +0.003% | $2K | $2.6M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 2.9949 | −0.103% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0025% | 4h | 2.9960 | −0.067% | $265K | $73K | 50x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | −0.100% | $657K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9937 | −0.145% | $110K | $453K | 5x | as long as short |
| Lighter NATGAS | +0.0040% | 1h | 2.9964 | −0.053% | $616K | $412K | 10x | as long as short |
| Variational Omni NATGAS | +0.0042% | 4h | 2.9961 | −0.064% | $311K | $443K | — | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | −0.100% | — | $378 | 10x | as long as short |
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Aster NATGASUSDT
QFEX NATGAS-USD
Extended XNG-USD
Lighter NATGAS
Variational Omni NATGAS
Vest NG-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9971 | −0.030% | $84K | $43K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0061% | 8h | 2.9962 | −0.058% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0072% | 1h | 2.9945 | −0.117% | $5.9M | $6.0M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9955 | −0.083% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | −0.100% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.267% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | −0.067% | $1.5M | $95K | 10x | as long as short |
| OKX NG-USDT-SWAP | +0.0125% | 8h | 2.9960 | −0.067% | $856K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0132% | 8h | 2.9960 | −0.067% | $80K | $189K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0155% | 4h | 2.9958 | −0.074% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0160% | 4h | 2.9960 | −0.067% | $10.1M | $29.8M | 100x | as long as short |
| Gate NG_USDTlong | +0.0162% | 8h | 2.9980 | long leg | $1.5M | $254K | 100x | |
| Bitget NATGASUSDTshort | +0.0168% | 4h | 2.9940 | −0.133% | $10.0M | $3.6M | 100x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9965 | −0.050% | $93K | — | 45x | as long as short |
| HTX NATGAS-USDT | +0.0564% | 4h | 2.9968 | −0.040% | $98K | $211K | 75x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1003% | 1h | 2.9971 | −0.032% | $52K | $39K | 20x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
OKX NG-USDT-SWAP
BloFin NG-USDT
edgeX NATGASUSDC
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
HTX NATGAS-USDT
Kraken Futures PF_NATGASUSD