Funding you earn now, next payment 04:00 UTC+0.0590%/8h= +64.6% APRpaid last 24h +0.108%
Price spread now: edgeX against Lighter−0.086%49s7-day average +0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.667% of the position
Funding, last 7 days−0.465%−$47 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.086%, 7d avg +0.124%
=Together, before fees−0.430%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.210% cheaper against Lighter than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.124%). If the spread goes back, that is −$21 on $10k: about 28 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.465%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0052 | 0.0032 | pay 0.0004% / 1h | 38m 47s | $619K | $494K | 10x |
| Short | edgeX NATGASUSDC | 3.0026 | 0.0622 | get 0.0311% / 4h | 38m 47s | $85K | $211K | 20x |
Lighter NATGAS
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. 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
- $123.81
- Price spread: −0.086% → +0.124%
- −$20.97
- Slippage, 4 orders
- −$57.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $36.18
- Costs to cover
- 0.667%
- Break-even
- 5.0 days
Slippage from Lighter: live order book, 12 min ago; edgeX: live order book, 18 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 Lighter live order book, 12 min ago | 0.83 bp | 6.5 bp −$7 | 16.0 bp −$160 | 85.0 bp −$8,496 | doesn't fit |
| Sell edgeX live order book, 18 min ago | 13.34 bp | 21.1 bp −$21 | 28.0 bp −$280 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.100% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0056 | +0.013% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0050 | −0.007% | $659K | $85K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0052 | long leg | $619K | $494K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0043 | −0.029% | $110K | $436K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.007% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.093% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0066 | +0.046% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0046 | −0.020% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.160% | $37K | $216K | 50x | as long as short |
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.173% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.007% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0101% | 1h | 3.0059 | +0.023% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0212% | 4h | 3.0065 | +0.043% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0344% | 4h | 3.0050 | −0.007% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0050 | −0.007% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0405% | 4h | 3.0049 | −0.011% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0387% | 1h | 3.0065 | +0.043% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0455% | 8h | 3.0080 | +0.093% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0463% | 8h | 3.0060 | +0.027% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0478% | 8h | 3.0050 | −0.007% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0594% | 4h | 3.0059 | +0.025% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0620% | 4h | 3.0066 | +0.045% | $10.2M | $28.7M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0622% | 4h | 3.0026 | −0.086% | $85K | $211K | 20x | |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0077 | +0.082% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0998% | 4h | 3.0020 | −0.106% | $9.9M | $3.3M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT