Funding you earn now, next payment 08:00 UTC+0.0553%/8h= +60.6% APRnext payment +$5.53 per $10,000 · paid last 24h +0.061%
Price spread now: OKX 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 +$17 a day on $10k at the current rate, and OKX 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 | 2h 05m | $3K | $544 | 10x |
| Short | OKX NG-USDT-SWAP | 3.0060 | 0.0653 | get 0.0653% / 8h | 2h 05m | $868K | $1.7M | 50x |
Orderly PERP_NATGAS_USDC_mythos
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $116.17
- Price spread: +0.200% → 0.000%
- $20
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $120.17
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.66 bp | 13.4 bp −$13 | 26.2 bp −$262 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8455 | −5.150% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0034 | +0.113% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0058 | +0.193% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0053 | +0.178% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | +0.167% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +0.233% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0089 | +0.297% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0054% | 1h | 3.0059 | +0.197% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0062% | 8h | 3.0073 | +0.242% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0061 | +0.203% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0058 | +0.193% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $218K | 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 | 3.0070 | +0.233% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0118% | 4h | 3.0082 | +0.273% | $107K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | +0.174% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0312% | 4h | 3.0050 | +0.167% | $1.0M | $945K | 20x | as long as short |
| Aster NATGASUSDT | +0.0332% | 4h | 3.0084 | +0.281% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0530% / S −0.0531% | 1h | 3.0065 | +0.217% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0548% | 4h | 3.0060 | +0.199% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0572% | 4h | 3.0060 | +0.199% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | +0.199% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0615% | 8h | 3.0090 | +0.300% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0060 | +0.200% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0653% | 8h | 3.0060 | +0.200% | $868K | $1.7M | 50x | |
| Bitget NATGASUSDT | +0.0976% | 4h | 3.0030 | +0.100% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0081 | +0.268% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD