Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.016%
Price spread now: Orderly against GRVT+0.135%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.135% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NATGAS_USDT_Perp | 2.9960 | 0 | get 0.0000% / 4h | 1h 07m | $14K | $194K | 25x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 5h 07m | $3K | $544 | 10x |
GRVT NATGAS_USDT_Perp
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: +0.135% → 0.000%
- $13.46
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $19.46
- Costs to cover
- 0.150%
- Break-even
- 0.5 days
Slippage unknown: GRVT: live order book, 33 min ago; Orderly: 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 GRVT live order book, 33 min ago | 1.67 bp | 12.0 bp −$12 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | −0.1600% | 1h | 2.9965 | +0.018% | $36K | $599 | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9957 | −0.008% | $53K | $47K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 2.9960 | +0.001% | $660K | $92K | 20x | as long as short |
| GRVT NATGAS_USDT_Perplong | 0.0000% | 4h | 2.9960 | long leg | $14K | $194K | 25x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8326 | −5.453% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9982 | +0.075% | $2K | $1.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9973 | +0.044% | $118K | $219K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9966 | +0.021% | $646K | $795K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9958 | −0.006% | $123K | $369K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.034% | — | $14K | 10x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9966 | +0.021% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9955 | −0.016% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 2.9970 | +0.035% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0073% | 4h | 2.9987 | +0.092% | $258K | $74K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9953 | −0.022% | $68K | $39K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9930 | −0.099% | $1.1M | $767K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.199% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | +0.135% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.001% | $1.5M | $94K | 10x | as long as short |
| Variational Omni NATGAS | +0.0168% | 4h | 2.9967 | +0.026% | $355K | $419K | — | as long as short |
| Binance NATGASUSDT | +0.0233% | 4h | 2.9960 | +0.001% | $10.0M | $32.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0253% | 4h | 2.9960 | 0.000% | $85K | $211K | 20x | as long as short |
| Gate NG_USDT | +0.0300% | 8h | 2.9980 | +0.068% | $1.5M | $202K | 100x | as long as short |
| BloFin NG-USDT | +0.0335% | 8h | 2.9960 | +0.001% | $80K | $201K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0357% | 8h | 2.9960 | +0.001% | $837K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0430% | 1h | 2.9965 | +0.018% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0774% | 4h | 2.9940 | −0.066% | $9.9M | $2.8M | 100x | as long as short |
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT