Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.002%
Price spread now: Extended against HTX−0.031%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.031%, 7d avg −0.063%
=Together, before fees+0.179%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.032% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 2.9985 | 0 | get 0.0000% / 4h | 1h 55m | $118K | $221K | 75x |
| Short | Extended XNG-USD | 2.9976 | 0.0032 | get 0.0004% / 1h | 55m 48s | $141K | $349K | 5x |
HTX NATGAS-USDT
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $6.72
- Price spread: −0.031% → −0.063%
- $3.2
- Slippage, 4 orders
- −$12.36
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$19.44
- Costs to cover
- 0.294%
- Break-even
- 27.3 days
Slippage from HTX: live order book, 53 min ago; Extended: live order book, 54 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, 53 min ago | 4.17 bp | 10.2 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 1.00 bp | 4.5 bp −$5 | 8.8 bp −$88 | doesn't fit | doesn't fit |
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 | 3.0035 | +0.167% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9970 | −0.050% | $54K | $45K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 2.9970 | −0.050% | $660K | $99K | 20x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 2.9992 | +0.024% | $259K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0030 | +0.150% | $19K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8371 | −5.383% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9953 | −0.107% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDTlong | 0.0000% | 4h | 2.9985 | long leg | $118K | $221K | 75x | |
| tradeXYZ xyz:NATGAS | +0.0004% | 1h | 2.9968 | −0.057% | $6.0M | $5.0M | 10x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9971 | −0.047% | $676K | $761K | 10x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
tradeXYZ xyz:NATGAS
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USDshort | +0.0032% | 1h | 2.9976 | −0.031% | $141K | $349K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | +0.017% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0004 | +0.063% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9975 | −0.032% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9957 | −0.095% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.050% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.050% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9970 | −0.050% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0028 | +0.143% | $356K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0150% | 4h | 2.9970 | −0.050% | $1.1M | $806K | 20x | as long as short |
| Binance NATGASUSDT | +0.0166% | 4h | 2.9973 | −0.039% | $9.6M | $31.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0209% | 4h | 3.0028 | +0.143% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0256% | 8h | 3.0000 | +0.050% | $1.5M | $199K | 100x | as long as short |
| BloFin NG-USDT | +0.0343% | 8h | 2.9980 | −0.017% | $80K | $200K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0364% | 8h | 2.9960 | −0.083% | $831K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0492% / S −0.0486% | 1h | 2.9975 | −0.033% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0708% | 4h | 2.9960 | −0.083% | $9.9M | $2.9M | 100x | as long as short |
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