Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.118%
Price spread now: OKX against Hotstuff+0.043%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$5 a day on $10k at the current rate, and OKX is 0.043% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 2.9947 | −0.0024 | get 0.0003% / 1h | 18m 00s | $35K | — | 20x |
| Short | OKX NG-USDT-SWAP | 2.9960 | 0.0136 | get 0.0136% / 8h | 18m 00s | $856K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $33.61
- Price spread: +0.043% → 0.000%
- $4.34
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $22.95
- Costs to cover
- 0.150%
- Break-even
- 2.2 days
Slippage unknown: Hotstuff: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.67 bp | 10.4 bp −$10 | 18.4 bp −$184 | 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 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-PERPlong | −0.0024% | 1h | 2.9947 | long leg | $35K | — | 20x | |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9948 | +0.003% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | +0.083% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.134% | $98K | $212K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | +0.010% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9965 | +0.060% | $616K | $419K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | +0.010% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | 0.000% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | −0.023% | $84K | $43K | 10x | as long as short |
| Extended XNG-USD | +0.0064% | 1h | 2.9938 | −0.031% | $110K | $453K | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0067% | 8h | 2.9950 | +0.010% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0074% | 4h | 2.9960 | +0.043% | $265K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9948 | +0.003% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | +0.010% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.157% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.177% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9960 | +0.043% | $1.5M | $97K | 10x | as long as short |
| BloFin NG-USDT | +0.0113% | 8h | 2.9940 | −0.023% | $80K | $189K | 20x | as long as short |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | +0.013% | $311K | $443K | — | as long as short |
| OKX NG-USDT-SWAPshort | +0.0136% | 8h | 2.9960 | +0.043% | $856K | $1.7M | 50x | |
| Gate NG_USDT | +0.0174% | 8h | 2.9980 | +0.110% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0202% | 4h | 2.9950 | +0.010% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0252% | 4h | 2.9951 | +0.012% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0292% | 4h | 2.9930 | −0.057% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | +0.027% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | +0.077% | $52K | $39K | 20x | as long as short |
OKX NG-USDT-SWAP
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
tradeXYZ xyz:NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
Variational Omni NATGAS
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD