Funding you earn now, next payment 00:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.115%
Price spread now: BloFin against GRVT−0.026%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.471%+$47 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now −0.026%, 7d avg −0.039%
=Together, before fees+0.479%+ Points / potential airdropGRVT: Active · farm board+$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NATGAS_USDT_Perp | 2.9948 | 0 | get 0.0000% / 4h | 17m 42s | $13K | $238K | 25x |
| Short | BloFin NG-USDT | 2.9940 | 0.0113 | get 0.0113% / 8h | 17m 42s | $80K | $189K | 20x |
GRVT NATGAS_USDT_Perp
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $23.78
- Price spread: −0.026% → −0.039%
- $1.32
- Slippage, 4 orders
- −$18.86
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.76
- Costs to cover
- 0.399%
- Break-even
- 11.3 days
Slippage from GRVT: live order book, 60 min ago; BloFin: live order book, 52 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 GRVT live order book, 60 min ago | 1.67 bp | 9.0 bp −$9 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 3.34 bp | 12.0 bp −$12 | 13.4 bp −$134 | doesn't fit | doesn't fit |
NATGAS on 26 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 | −0.0024% | 1h | 2.9947 | −0.003% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perplong | 0.0000% | 4h | 2.9948 | long leg | $13K | $238K | 25x | |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | +0.081% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.131% | $98K | $212K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | +0.007% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9965 | +0.057% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.007% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | −0.003% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | −0.026% | $84K | $43K | 10x | as long as short |
| Extended XNG-USD | +0.0064% | 1h | 2.9938 | −0.034% | $110K | $453K | 5x | as long as short |
Hotstuff NATGAS-PERP
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0066% | 4h | 2.9960 | +0.041% | $265K | $73K | 50x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 2.9951 | +0.009% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | 0.000% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.007% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.160% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.174% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.041% | $1.5M | $97K | 10x | as long as short |
| BloFin NG-USDTshort | +0.0113% | 8h | 2.9940 | −0.026% | $80K | $189K | 20x | |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.010% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0133% | 8h | 2.9950 | +0.007% | $856K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0174% | 8h | 2.9980 | +0.107% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0192% | 4h | 2.9950 | +0.007% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0252% | 4h | 2.9951 | +0.009% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0286% | 4h | 2.9930 | −0.060% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.024% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.074% | $52K | $39K | 20x | as long as short |
Aster NATGASUSDT
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD