Funding you earn now, next payment 08:00 UTC+0.0543%/8h= +59.4% APRnext payment +$5.43 per $10,000 · paid last 24h +0.061%
Price spread now: BloFin against Orderly+0.200%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 BloFin is 0.200% dearer against Orderly than usual: you sell high and buy low: +$20 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 | 35m 11s | $3K | $544 | 10x |
| Short | BloFin NG-USDT | 3.0060 | 0.0643 | get 0.0643% / 8h | 35m 11s | $82K | $198K | 20x |
Orderly PERP_NATGAS_USDC_mythos
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $113.99
- Price spread: +0.200% → 0.000%
- $20
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $115.99
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 35 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 BloFin live order book, 35 min ago | 3.32 bp | 9.3 bp −$9 | 15.2 bp −$152 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0072% | 1h | 3.0070 | +0.233% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8436 | −5.213% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.273% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0081 | +0.270% | $117K | $216K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0060 | +0.200% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0066 | +0.220% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0058 | +0.193% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.233% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0051 | +0.170% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0081 | +0.270% | $83K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0073 | +0.242% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0084% | 4h | 3.0039 | +0.132% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0062 | +0.206% | $70K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.333% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythoslong | +0.0100% | 8h | 3.0000 | long leg | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.200% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0174% | 4h | 3.0050 | +0.167% | $1.0M | $886K | 20x | as long as short |
| Aster NATGASUSDT | +0.0191% | 4h | 3.0053 | +0.176% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0402% | 4h | 3.0069 | +0.230% | $319K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0427% | 4h | 3.0056 | +0.186% | $10.4M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0441% | 4h | 3.0054 | +0.180% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0576% / S −0.0588% | 1h | 3.0065 | +0.217% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0581% | 8h | 3.0090 | +0.300% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0624% | 8h | 3.0050 | +0.167% | $854K | $1.8M | 50x | as long as short |
| BloFin NG-USDTshort | +0.0643% | 8h | 3.0060 | +0.200% | $82K | $198K | 20x | |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0078 | +0.260% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0872% | 4h | 3.0030 | +0.100% | $9.9M | $3.0M | 100x | as long as short |
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT