Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.27 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against Gate−0.100%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.100%, 7d avg −0.086%
=The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.087%, 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 | 3.0060 | 0.0522 | pay 0.0522% / 8h | 3h 47m | $1.5M | $192K | 100x |
| Short | OKX NG-USDT-SWAP | 3.0030 | 0.0549 | get 0.0549% / 8h | 3h 47m | $863K | $1.7M | 50x |
Gate NG_USDT
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.66
- Price spread: −0.100% → −0.086%
- −$1.38
- Slippage, 4 orders
- −$37.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.66
- Costs to cover
- 0.629%
- Break-even
- 79.5 days
Slippage from Gate: live order book, just now; OKX: live order book, 5 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, just now | 1.66 bp | 20.1 bp −$20 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.66 bp | 9.7 bp −$10 | 20.2 bp −$202 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8414 | −5.476% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.007% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.067% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0002 | −0.193% | $626K | $499K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0002 | −0.193% | $110K | $395K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0043 | −0.057% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | −0.133% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | −0.100% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0073% | 8h | 3.0073 | +0.044% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0091% | 1h | 3.0012 | −0.160% | $6.0M | $5.7M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | −0.163% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.200% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.100% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0020 | −0.133% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 4h | 3.0030 | −0.100% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0470% / S −0.0412% | 1h | 3.0025 | −0.116% | $92K | — | 45x | as long as short |
| Gate NG_USDTlong | +0.0522% | 8h | 3.0060 | long leg | $1.5M | $192K | 100x | |
| BloFin NG-USDT | +0.0527% | 8h | 3.0050 | −0.033% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0549% | 8h | 3.0030 | −0.100% | $863K | $1.7M | 50x | |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0040 | −0.067% | $317K | $449K | — | as long as short |
| HTX NATGAS-USDT | +0.0581% | 4h | 3.0055 | −0.017% | $107K | $214K | 75x | as long as short |
| edgeX NATGASUSDC | +0.0588% | 4h | 3.0049 | −0.036% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0596% | 4h | 3.0024 | −0.119% | $10.2M | $28.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0622% | 4h | 3.0040 | −0.067% | $25K | $218K | 25x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0035 | −0.083% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0984% | 4h | 2.9990 | −0.233% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Variational Omni NATGAS
HTX NATGAS-USDT
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT