Funding you earn now, next payment 08:00 UTC−0.0529%/8h= −58.0% APRnext payment −$5.29 per $10,000 · paid last 24h −0.086%
Price spread now: Paradex against Gate+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.022% dearer against Gate than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0070 | 0.0581 | pay 0.0581% / 8h | 37m 26s | $1.5M | $195K | 100x |
| Short | Paradex NG-USD-PERP | 3.0077 | 0.0052 | get 0.0052% / 8h | 37m 26s | $5K | — | 5x |
Gate NG_USDT
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$111.17
- Price spread: +0.022% → 0.000%
- $2.22
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$127.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; Paradex: no order-book sample. 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 Gate live order book, 5 min ago | 1.66 bp | 28.9 bp −$29 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0032% | 1h | 3.0069 | −0.003% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8426 | −5.467% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | −0.126% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0060 | −0.033% | $660K | $96K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0007% | 4h | 3.0068 | −0.007% | $117K | $216K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | −0.007% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0061 | −0.030% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | −0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0068 | −0.007% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0009 | −0.203% | $82K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERPshort | +0.0052% | 8h | 3.0077 | +0.022% | $5K | — | 5x | |
| GRVT NATGAS_USDT_Perp | +0.0084% | 4h | 3.0039 | −0.102% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | −0.067% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.233% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.233% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.067% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0178% | 4h | 3.0040 | −0.100% | $1.0M | $888K | 20x | as long as short |
| Aster NATGASUSDT | +0.0197% | 4h | 3.0061 | −0.031% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0413% | 4h | 3.0029 | −0.136% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0431% | 4h | 3.0060 | −0.033% | $10.4M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0443% | 4h | 3.0029 | −0.135% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0581% / S −0.0594% | 1h | 3.0065 | −0.017% | $88K | — | 45x | as long as short |
| Gate NG_USDTlong | +0.0581% | 8h | 3.0070 | long leg | $1.5M | $195K | 100x | |
| BloFin NG-USDT | +0.0606% | 8h | 3.0030 | −0.133% | $82K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0628% | 8h | 3.0050 | −0.067% | $856K | $1.8M | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0068 | −0.008% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0878% | 4h | 3.0040 | −0.100% | $9.9M | $3.0M | 100x | as long as short |
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT