Funding you earn now, next payment 04:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h −0.061%
Price spread now: Pacifica against OKX−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Pacifica is 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NG-USDT-SWAP | 3.0060 | 0.0506 | pay 0.0506% / 8h | 4h 20m | $860K | $1.7M | 50x |
| Short | Pacifica NATGAS | 3.0053 | 0.0100 | get 0.0013% / 1h | 20m 16s | $68K | $33K | 10x |
OKX NG-USDT-SWAP
Pacifica NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$85.27
- Price spread: −0.023% → 0.000%
- −$2.33
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$105.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Pacifica: 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 OKX live order book, 2 min ago | 1.66 bp | 9.7 bp −$10 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | 2.8494 | −5.210% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.073% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0060 | 0.000% | $670K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0080 | +0.067% | $620K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0066 | +0.021% | $110K | $415K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0091 | +0.103% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0077 | +0.058% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0098% | 1h | 3.0063 | +0.010% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGASshort | +0.0100% | 1h | 3.0053 | −0.023% | $68K | $33K | 10x |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.133% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.033% | $1.5M | $94K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0189% | 4h | 3.0081 | +0.070% | $105K | $211K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0200% | 1h | 3.0074 | +0.047% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0348% | 4h | 3.0060 | 0.000% | $1.1M | $1.0M | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0348% | 4h | 3.0080 | +0.067% | $25K | $227K | 25x | as long as short |
| Aster NATGASUSDT | +0.0404% | 4h | 3.0062 | +0.007% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0456% / S −0.0396% | 1h | 3.0075 | +0.050% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0483% | 8h | 3.0100 | +0.133% | $1.5M | $193K | 100x | as long as short |
| OKX NG-USDT-SWAPlong | +0.0506% | 8h | 3.0060 | long leg | $860K | $1.7M | 50x | |
| BloFin NG-USDT | +0.0524% | 8h | 3.0090 | +0.100% | $81K | $192K | 20x | as long as short |
| Variational Omni NATGAS | +0.0600% | 4h | 3.0059 | −0.002% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0623% | 4h | 3.0070 | +0.033% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0647% | 4h | 3.0094 | +0.114% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0992% | 1h | 3.0082 | +0.073% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0998% | 4h | 3.0050 | −0.033% | $9.9M | $3.3M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT