Funding you earn now, next payment 04:00 UTC+0.0144%/8h= +15.8% APRpaid last 24h +0.027%
Price spread now: edgeX against OKX−0.046%71s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$770.767% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.046%, 7d avg +0.042%
=Together, before fees−0.048%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.088% cheaper against OKX than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.042%). If the spread goes back, that is −$9 on $10k: about 2.0 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.081%, so the current rate has only just turned in your favour. The two prices were read 71 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 | OKX NG-USDT-SWAP | 3.0040 | 0.0478 | pay 0.0478% / 8h | 4h 38m | $855K | $1.7M | 50x |
| Short | edgeX NATGASUSDC | 3.0026 | 0.0622 | get 0.0311% / 4h | 38m 23s | $85K | $211K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- $30.23
- Price spread: −0.046% → +0.042%
- −$8.76
- Slippage, 4 orders
- −$57.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$55.2
- Costs to cover
- 0.767%
- Break-even
- 19.8 days
Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 19 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 OKX live order book, 3 min ago | 1.66 bp | 10.8 bp −$11 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 19 min ago | 13.34 bp | 21.1 bp −$21 | 28.0 bp −$280 | 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 | 2.8456 | −5.273% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.140% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0050 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0052 | +0.040% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0037 | −0.011% | $110K | $436K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0059 | +0.063% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.133% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0066 | +0.086% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0046 | +0.020% | $68K | $33K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.200% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | +0.033% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0102% | 1h | 3.0059 | +0.063% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDT | +0.0212% | 4h | 3.0065 | +0.083% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0344% | 4h | 3.0050 | +0.033% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0050 | +0.033% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0405% | 4h | 3.0048 | +0.028% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0387% | 1h | 3.0065 | +0.083% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0456% | 8h | 3.0080 | +0.133% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0463% | 8h | 3.0060 | +0.067% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAPlong | +0.0478% | 8h | 3.0040 | long leg | $855K | $1.7M | 50x | |
| Variational Omni NATGAS | +0.0594% | 4h | 3.0059 | +0.065% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0620% | 4h | 3.0051 | +0.038% | $10.2M | $28.7M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0622% | 4h | 3.0026 | −0.046% | $85K | $211K | 20x | |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0071 | +0.104% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0998% | 4h | 3.0030 | −0.033% | $9.9M | $3.3M | 100x | as long as short |
OKX NG-USDT-SWAP
edgeX NATGASUSDC
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
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
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT