Funding you earn now, next payment 11:00 UTC+0.1796%/8h= +196.7% APRpaid last 24h +0.112%
Price spread now: Binance against Hotstuff+0.006%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$54 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0014 | −0.1600 | get 0.0200% / 1h | 28m 05s | $35K | — | 20x |
| Short | Binance NATGASUSDT | 3.0016 | 0.0196 | get 0.0098% / 4h | 1h 28m | $10.0M | $32.6M | 100x |
Hotstuff NATGAS-PERP
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hotstuff. 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
- $377.2
- Price spread: +0.006% → 0.000%
- $0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $362.85
- Costs to cover
- 0.150%
- Break-even
- 0.3 days
Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 7 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.67 bp | 6.7 bp −$7 | 11.1 bp −$111 | 37.3 bp −$3,728 | 124.7 bp −$62.4K |
Hotstuff: 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-PERPlong | −0.1600% | 1h | 3.0014 | long leg | $35K | — | 20x | |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0021 | +0.022% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0010 | −0.013% | $661K | $93K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0005 | −0.029% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8354 | −5.531% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.093% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0028 | +0.047% | $118K | $220K | 75x | as long as short |
| Aster NATGASUSDT | +0.0031% | 4h | 3.0000 | −0.047% | $258K | $74K | 50x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0008 | −0.020% | $649K | $793K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9997 | −0.055% | $122K | $368K | 5x | as long as short |
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Aster NATGASUSDT
Lighter NATGAS
Extended XNG-USDShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.013% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0004 | −0.033% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9973 | −0.137% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0020 | +0.021% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9991 | −0.078% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.047% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.047% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.020% | $1.5M | $94K | 10x | as long as short |
| Variational Omni NATGAS | +0.0116% | 4h | 3.0008 | −0.020% | $356K | $420K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0116% | 4h | 3.0000 | −0.047% | $1.1M | $785K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0195% | 4h | 3.0005 | −0.029% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDTshort | +0.0196% | 4h | 3.0016 | +0.006% | $10.0M | $32.6M | 100x | |
| Gate NG_USDT | +0.0268% | 8h | 3.0050 | +0.120% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDT | +0.0344% | 8h | 3.0010 | −0.013% | $80K | $202K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0347% | 8h | 3.0010 | −0.013% | $834K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0430% | 1h | 3.0005 | −0.030% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0732% | 4h | 2.9980 | −0.113% | $9.9M | $2.8M | 100x | as long as short |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT