Funding you earn now, next payment 08:00 UTC+0.0423%/8h= +46.3% APRnext payment +$2.11 per $10,000 · paid last 24h +0.075%
Price spread now: edgeX against GRVT−0.070%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$770.765% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.070%, 7d avg 0.000%
=Together, before fees+0.304%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.069% cheaper against GRVT than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of 0.000%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.227% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.227% in total (about 11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NATGAS_USDT_Perp | 3.0094 | 0.0128 | pay 0.0064% / 4h | 1h 46m | $22K | $210K | 25x |
| Short | edgeX NATGASUSDC | 3.0073 | 0.0551 | get 0.0275% / 4h | 1h 46m | $85K | $213K | 20x |
GRVT NATGAS_USDT_Perp
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $88.8
- Price spread: −0.070% → 0.000%
- −$6.94
- Slippage, 4 orders
- −$58.55
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $5.31
- Costs to cover
- 0.765%
- Break-even
- 6.6 days
Slippage from GRVT: live order book, 61 min ago; edgeX: live order book, 60 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, 61 min ago | 1.66 bp | 15.7 bp −$16 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 60 min ago | 13.32 bp | 21.1 bp −$21 | 29.2 bp −$292 | 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 | 2.8460 | −5.431% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | −0.008% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | −0.081% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0076 | −0.061% | $629K | $501K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0065 | −0.097% | $111K | $332K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0032% | 4h | 3.0085 | −0.031% | $107K | $207K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.081% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0060 | −0.114% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0058% | 8h | 3.0088 | −0.022% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0065% | 1h | 3.0072 | −0.074% | $6.0M | $5.5M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
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 | 3.0047 | −0.156% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.313% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.019% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0080 | −0.048% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0120% | 1h | 3.0072 | −0.074% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perplong | +0.0128% | 4h | 3.0094 | long leg | $22K | $210K | 25x | |
| KuCoin NATGASUSDTM | +0.0282% | 4h | 3.0070 | −0.081% | $1.0M | $933K | 20x | as long as short |
| Aster NATGASUSDT | +0.0295% | 4h | 3.0094 | −0.001% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0521% | 4h | 3.0090 | −0.014% | $318K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0536% | 4h | 3.0080 | −0.048% | $10.3M | $28.6M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0542% / S −0.0545% | 1h | 3.0075 | −0.064% | $88K | — | 45x | as long as short |
| edgeX NATGASUSDCshort | +0.0551% | 4h | 3.0073 | −0.070% | $85K | $213K | 20x | |
| Gate NG_USDT | +0.0633% | 8h | 3.0100 | +0.019% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0651% | 8h | 3.0080 | −0.048% | $871K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0680% | 8h | 3.0070 | −0.081% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0962% | 4h | 3.0050 | −0.147% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0093 | −0.005% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD