Funding you earn now, next payment 02:00 UTC−0.0223%/8h= −24.5% APRpaid last 24h −0.004%
Price spread now: Hotstuff against HTX−0.107%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
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hotstuff is 0.107% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0038 | 0.0287 | pay 0.0144% / 4h | 2h 21m | $98K | $212K | 75x |
| Short | Hotstuff NATGAS-PERP | 3.0006 | 0.0064 | get 0.0008% / 1h | 21m 37s | $35K | — | 20x |
HTX NATGAS-USDT
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$46.91
- Price spread: −0.107% → 0.000%
- −$10.65
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$74.56
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 45 min ago; Hotstuff: 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, 45 min ago | 3.16 bp | 9.2 bp −$9 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.013% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0020 | −0.060% | $658K | $86K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.093% | — | $378 | 10x | as long as short |
| Lighter NATGAS | +0.0048% | 1h | 3.0020 | −0.060% | $618K | $445K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0006 | −0.107% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0006 | −0.107% | $82K | $27K | 10x | as long as short |
| Hotstuff NATGAS-PERPshort | +0.0064% | 1h | 3.0006 | −0.107% | $35K | — | 20x | |
| Paradex NG-USD-PERP | +0.0076% | 8h | 3.0020 | −0.060% | $5K | — | 5x | as long as short |
| Extended XNG-USD | +0.0088% | 1h | 2.9998 | −0.134% | $110K | $449K | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.113% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Vest NG-PERP
Lighter NATGAS
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Extended XNG-USD
Pacifica NATGASShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.127% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.127% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.060% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0160% | 4h | 3.0010 | −0.093% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0223% | 4h | 3.0008 | −0.101% | $265K | $73K | 50x | as long as short |
| HTX NATGAS-USDTlong | +0.0287% | 4h | 3.0038 | long leg | $98K | $212K | 75x | |
| Variational Omni NATGAS | +0.0357% | 4h | 3.0020 | −0.060% | $311K | $444K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0359% | 8h | 3.0020 | −0.060% | $859K | $1.7M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0421% / S −0.0358% | 1h | 3.0025 | −0.043% | $92K | — | 45x | as long as short |
| edgeX NATGASUSDC | +0.0422% | 4h | 3.0020 | −0.061% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0430% | 4h | 3.0010 | −0.093% | $10.2M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0434% | 4h | 3.0016 | −0.073% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0443% | 8h | 3.0040 | +0.007% | $1.5M | $219K | 100x | as long as short |
| Bitget NATGASUSDT | +0.0684% | 4h | 2.9990 | −0.160% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0034 | −0.015% | $54K | $37K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD