Funding you earn now, next payment 01:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.014%
Price spread now: HTX against Lighter+0.017%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.794%−$79 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.017%, 7d avg +0.180%
=Together, before fees−0.755%+ Points / potential airdropLighter: Season 3 · farm board−$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.163% cheaper against Lighter than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.180%). If the spread goes back, that is −$16 on $10k: about 2.2 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.794%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 2.9999 | 0.0032 | pay 0.0004% / 1h | 47m 01s | $617K | $412K | 10x |
| Short | HTX NATGAS-USDT | 3.0004 | 0.0281 | get 0.0140% / 4h | 3h 47m | $98K | $210K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $52.26
- Price spread: +0.017% → +0.180%
- −$16.32
- Slippage, 4 orders
- −$14.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $9.18
- Costs to cover
- 0.268%
- Break-even
- 5.8 days
Slippage from Lighter: live order book, 19 min ago; HTX: live order book, 24 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, 19 min ago | 1.17 bp | 1.8 bp −$2 | 10.2 bp −$102 | 71.7 bp −$7,167 | doesn't fit |
| Sell HTX live order book, 24 min ago | 0.17 bp | 14.4 bp −$14 | 19.7 bp −$197 | doesn't fit | 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 | 2.8340 | −5.530% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0001 | +0.007% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 2.9970 | −0.097% | $658K | $85K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 2.9999 | long leg | $617K | $412K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 2.9966 | −0.109% | $110K | $451K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 2.9975 | −0.080% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0044% | 4h | 2.9960 | −0.130% | $265K | $73K | 50x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | −0.097% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9973 | −0.087% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0001 | +0.007% | $84K | $36K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0058% | 8h | 2.9992 | −0.024% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0074% | 4h | 2.9980 | −0.062% | $311K | $443K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9979 | −0.066% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9970 | −0.097% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.330% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.003% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9980 | −0.063% | $1.5M | $95K | 10x | as long as short |
| BloFin NG-USDT | +0.0149% | 8h | 2.9980 | −0.063% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0162% | 8h | 2.9970 | −0.097% | $857K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0192% | 4h | 2.9987 | −0.041% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0194% | 4h | 2.9980 | −0.062% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0232% | 4h | 2.9960 | −0.130% | $10.0M | $3.5M | 100x | as long as short |
| HTX NATGAS-USDTshort | +0.0281% | 4h | 3.0004 | +0.017% | $98K | $210K | 75x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9985 | −0.047% | $93K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0418% | 4h | 2.9970 | −0.097% | $25K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0468% | 8h | 3.0000 | +0.003% | $1.5M | $254K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1002% | 1h | 2.9990 | −0.030% | $52K | $39K | 20x | as long as short |
Lighter NATGAS
HTX NATGAS-USDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Extended XNG-USD
Aster NATGASUSDT
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
Kraken Futures PF_NATGASUSD