Funding you earn now, next payment 03:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.144%
Price spread now: GMX against HTX−0.043%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Funding pays, the price is against you. GMX is 0.043% cheaper against HTX than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0018 | 0.0242 | pay 0.0121% / 4h | 1h 05m | $105K | $216K | 75x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0005 | L +0.0441% / S −0.0380% | get 0.0048% / 1h | 5m 01s | $92K | — | 45x |
HTX NATGAS-USDT
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $29.09
- Price spread: −0.043% → 0.000%
- −$4.33
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $0.76
- Costs to cover
- 0.240%
- Break-even
- 6.8 days
Slippage unknown: HTX: live order book, 56 min ago; GMX: no order-book sample. 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 HTX live order book, 56 min ago | 4.16 bp | 10.2 bp −$10 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 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 | 2.8429 | −5.293% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0022 | +0.013% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0000 | −0.060% | $658K | $85K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0002 | −0.053% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0002 | −0.053% | $618K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | −0.093% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9990 | −0.093% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0061% | 8h | 3.0011 | −0.023% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0091% | 1h | 2.9995 | −0.077% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9989 | −0.097% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.060% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.060% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.027% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0136% | 1h | 2.9985 | −0.110% | $110K | $445K | 5x | as long as short |
| HTX NATGAS-USDTlong | +0.0242% | 4h | 3.0018 | long leg | $105K | $216K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0384% | 4h | 3.0000 | −0.060% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0384% | 4h | 2.9980 | −0.127% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0407% | 4h | 2.9995 | −0.076% | $265K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0441% / S −0.0380% | 1h | 3.0005 | −0.043% | $92K | — | 45x | |
| Gate NG_USDT | +0.0458% | 8h | 3.0040 | +0.073% | $1.5M | $211K | 100x | as long as short |
| BloFin NG-USDT | +0.0465% | 8h | 3.0000 | −0.060% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0473% | 8h | 2.9990 | −0.093% | $852K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0586% | 4h | 2.9999 | −0.063% | $311K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0612% | 4h | 2.9998 | −0.066% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0617% | 4h | 2.9990 | −0.093% | $10.2M | $28.9M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0988% | 4h | 2.9960 | −0.193% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1110% | 1h | 3.0015 | −0.009% | $53K | $34K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD