Funding you earn now, next payment 07:00 UTC+0.0469%/8h= +51.4% APRpaid last 24h +0.128%
Price spread now: GMX against Orderly+0.283%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$14 a day on $10k at the current rate, and GMX is 0.283% dearer against Orderly than usual: you sell high and buy low: +$28 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 | 1h 10m | $3K | $544 | 10x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0085 | L +0.0561% / S −0.0569% | get 0.0071% / 1h | 10m 50s | $88K | — | 45x |
Orderly PERP_NATGAS_USDC_mythos
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $98.51
- Price spread: +0.283% → 0.000%
- $28.33
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $108.84
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; GMX: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly and GMX: 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 | −0.0016% | 1h | 3.0077 | +0.257% | $35K | — | 20x | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0102 | +0.340% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +0.233% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0080 | +0.267% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0072 | +0.240% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0080 | +0.267% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0081 | +0.270% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0067 | +0.223% | $83K | $26K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0053% | 4h | 3.0102 | +0.340% | $109K | $205K | 75x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0087 | +0.291% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
HTX NATGAS-USDT
Paradex NG-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0074 | +0.247% | $68K | $33K | 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 | 3.0080 | +0.267% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0146% | 4h | 3.0078 | +0.260% | $22K | $211K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0214% | 4h | 3.0050 | +0.167% | $1.0M | $905K | 20x | as long as short |
| Aster NATGASUSDT | +0.0267% | 4h | 3.0107 | +0.356% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGAS | +0.0489% | 4h | 3.0079 | +0.265% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0513% | 4h | 3.0080 | +0.267% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0533% | 4h | 3.0081 | +0.270% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0561% / S −0.0569% | 1h | 3.0085 | +0.283% | $88K | — | 45x | |
| Gate NG_USDT | +0.0594% | 8h | 3.0090 | +0.300% | $1.5M | $197K | 100x | as long as short |
| BloFin NG-USDT | +0.0648% | 8h | 3.0100 | +0.333% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0655% | 8h | 3.0080 | +0.267% | $877K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0938% | 4h | 3.0050 | +0.167% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0098 | +0.326% | $56K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD