Funding you earn now, next payment 04:00 UTC+0.0204%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.220%
Price spread now: Bitget against HTX−0.126%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs+$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days+1.110%+$111 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now −0.126%, 7d avg −0.095%
=Funding pays, the price is against you. Bitget is 0.031% cheaper against HTX than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.095%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+1.110% in total) that is about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0048 | 0.0180 | pay 0.0090% / 4h | 3h 07m | $98K | $211K | 75x |
| Short | Bitget NATGASUSDT | 3.0010 | 0.0384 | get 0.0192% / 4h | 3h 07m | $9.9M | $3.5M | 100x |
HTX NATGAS-USDT
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. 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
- $42.87
- Price spread: −0.126% → −0.095%
- −$3.12
- Slippage, 4 orders
- −$18.18
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$2.44
- Costs to cover
- 0.422%
- Break-even
- 7.4 days
Slippage from HTX: live order book, 64 min ago; Bitget: live order book, 1 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 HTX live order book, 64 min ago | 0.17 bp | 6.2 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.67 bp | 10.3 bp −$10 | 22.0 bp −$220 | 107.0 bp −$10.7K | 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 | 2.8379 | −5.554% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.013% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0020 | −0.093% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0029 | −0.063% | $617K | $414K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | −0.113% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.060% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0018 | −0.100% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0020 | −0.093% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0032 | −0.052% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0094% | 4h | 3.0030 | −0.060% | $266K | $73K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0019 | −0.097% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | −0.093% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.160% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.160% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.060% | $1.5M | $95K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0160% | 1h | 3.0017 | −0.103% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDTlong | +0.0180% | 4h | 3.0048 | long leg | $98K | $211K | 75x | |
| Variational Omni NATGAS | +0.0181% | 4h | 3.0020 | −0.093% | $312K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0254% | 8h | 3.0020 | −0.093% | $863K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0272% | 8h | 2.9990 | −0.193% | $81K | $189K | 20x | as long as short |
| Binance NATGASUSDT | +0.0273% | 4h | 3.0034 | −0.047% | $10.1M | $29.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0276% | 4h | 3.0030 | −0.061% | $85K | $212K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0298% | 4h | 3.0020 | −0.093% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0377% | 8h | 3.0040 | −0.027% | $1.5M | $256K | 100x | as long as short |
| Bitget NATGASUSDTshort | +0.0384% | 4h | 3.0010 | −0.126% | $9.9M | $3.5M | 100x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0413% / S −0.0350% | 1h | 3.0035 | −0.043% | $92K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0042 | −0.020% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
Variational Omni NATGAS
OKX NG-USDT-SWAP
BloFin NG-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD