Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.011%
Price spread now: Extended against Orderly−0.206%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.206% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 19m 33s | $3K | $544 | 10x |
| Short | Extended XNG-USD | 2.9938 | 0.0064 | get 0.0008% / 1h | 19m 33s | $110K | $453K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$7.56
- Price spread: −0.206% → 0.000%
- −$20.6
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.16
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 58 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 Extended live order book, 58 min ago | 0.67 bp | 3.5 bp −$4 | 8.1 bp −$81 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0008% | 1h | 2.9948 | −0.173% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9948 | −0.174% | $13K | $238K | 25x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9972 | −0.093% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | −0.043% | $98K | $213K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9950 | −0.167% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9964 | −0.120% | $619K | $416K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9950 | −0.167% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9947 | −0.177% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9940 | −0.200% | $84K | $43K | 10x | as long as short |
| Extended XNG-USDshort | +0.0064% | 1h | 2.9938 | −0.206% | $110K | $453K | 5x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0067% | 8h | 2.9950 | −0.166% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0082% | 4h | 2.9960 | −0.133% | $265K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9937 | −0.211% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9950 | −0.167% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.333% | $36K | $217K | 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 | 2.9950 | −0.167% | $1.5M | $97K | 10x | as long as short |
| Variational Omni NATGAS | +0.0115% | 4h | 2.9951 | −0.163% | $311K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0132% | 8h | 2.9960 | −0.133% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0139% | 8h | 2.9950 | −0.167% | $858K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0175% | 8h | 2.9970 | −0.100% | $1.5M | $285K | 100x | as long as short |
| Binance NATGASUSDT | +0.0205% | 4h | 2.9957 | −0.145% | $10.1M | $30.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0252% | 4h | 2.9951 | −0.164% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0298% | 4h | 2.9930 | −0.233% | $10.0M | $3.7M | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9955 | −0.150% | $93K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9970 | −0.100% | $52K | $39K | 20x | as long as short |
Extended XNG-USD
GRVT NATGAS_USDT_Perp
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD