Funding you earn now, next payment 08:00 UTC+0.0531%/8h= +58.1% APRpaid last 24h +0.098%
Price spread now: Binance against Orderly+0.150%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Binance is 0.150% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | pay 0.0100% / 8h | 2h 29m | $3K | $544 | 10x |
| Short | Binance NATGASUSDT | 3.0045 | 0.0631 | get 0.0315% / 4h | 2h 29m | $10.3M | $28.3M | 100x |
Orderly PERP_NATGAS_USDC_mythos
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- $111.44
- Price spread: +0.150% → 0.000%
- $14.98
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $110.43
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 12 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 1.66 bp | 6.7 bp −$7 | 12.6 bp −$126 | 40.6 bp −$4,057 | 137.6 bp −$68.8K |
Orderly: 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 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 | 3.0062 | +0.207% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0050 | +0.167% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0043 | +0.145% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0040 | +0.133% | $659K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.167% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0079 | +0.263% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0071% | 8h | 3.0059 | +0.197% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0080% | 1h | 3.0046 | +0.153% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0036 | +0.120% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $219K | 50x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
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_mythoslong | +0.0100% | 8h | 3.0000 | long leg | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.133% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0136% | 1h | 3.0057 | +0.190% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0249% | 4h | 3.0064 | +0.213% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0264% | 4h | 3.0040 | +0.133% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0368% | 4h | 3.0040 | +0.133% | $1.0M | $961K | 20x | as long as short |
| Aster NATGASUSDT | +0.0400% | 4h | 3.0049 | +0.162% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0519% / S −0.0465% | 1h | 3.0045 | +0.150% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0588% | 8h | 3.0080 | +0.267% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0606% | 4h | 3.0050 | +0.168% | $317K | $434K | — | as long as short |
| Binance NATGASUSDTshort | +0.0631% | 4h | 3.0045 | +0.150% | $10.3M | $28.3M | 100x | |
| edgeX NATGASUSDC | +0.0647% | 4h | 3.0051 | +0.171% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0659% | 8h | 3.0050 | +0.167% | $867K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0673% | 8h | 3.0040 | +0.133% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1018% | 4h | 3.0020 | +0.067% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0065 | +0.216% | $56K | $35K | 20x | as long as short |
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD