Funding you earn now, next payment 11:00 UTC+0.1600%/8h= +175.2% APRpaid last 24h +0.019%
Price spread now: GRVT against Hotstuff−0.017%123s7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropHotstuff: Active · GRVT: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$48 a day on $10k at the current rate. The two prices were read 123 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 | Hotstuff NATGAS-PERP | 3.0035 | −0.1600 | get 0.0200% / 1h | 56m 27s | $35K | — | 20x |
| Short | GRVT NATGAS_USDT_Perp | 3.0030 | 0 | get 0.0000% / 4h | 1h 56m | $19K | $208K | 25x |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $336
- Price spread: −0.017% → 0.000%
- −$1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $320.34
- Costs to cover
- 0.140%
- Break-even
- 0.3 days
Slippage unknown: Hotstuff: no order-book sample; GRVT: live order book, 53 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 GRVT live order book, 53 min ago | 1.67 bp | 6.2 bp −$6 | 20.3 bp −$203 | doesn't fit | doesn't fit |
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 | 3.0035 | long leg | $35K | — | 20x | |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9987 | −0.158% | $54K | $45K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 2.9970 | −0.216% | $660K | $99K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | −0.0001% | 1h | 2.9969 | −0.220% | $6.0M | $5.0M | 10x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 2.9993 | −0.140% | $259K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perpshort | 0.0000% | 4h | 3.0030 | −0.017% | $19K | $208K | 25x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8371 | −5.540% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0012 | −0.077% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0003 | −0.107% | $118K | $221K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9963 | −0.240% | $676K | $761K | 10x | as long as short |
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
tradeXYZ xyz:NATGAS
Aster NATGASUSDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USD | +0.0032% | 1h | 2.9977 | −0.194% | $141K | $349K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.150% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0004 | −0.103% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9975 | −0.198% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9957 | −0.261% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.117% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.117% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9990 | −0.150% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0028 | −0.023% | $356K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0150% | 4h | 2.9970 | −0.216% | $1.1M | $808K | 20x | as long as short |
| Binance NATGASUSDT | +0.0166% | 4h | 2.9970 | −0.216% | $9.6M | $31.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0209% | 4h | 3.0028 | −0.024% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0256% | 8h | 2.9990 | −0.150% | $1.5M | $199K | 100x | as long as short |
| BloFin NG-USDT | +0.0343% | 8h | 2.9980 | −0.183% | $80K | $200K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0364% | 8h | 2.9960 | −0.250% | $831K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 2.9995 | −0.133% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0708% | 4h | 2.9950 | −0.283% | $9.9M | $2.9M | 100x | as long as short |
Extended XNG-USD
Vest NG-PERP
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
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT