Funding you earn now, next payment 06:00 UTC+0.0503%/8h= +55.1% APRpaid last 24h +0.072%
Price spread now: Gate against Pacifica+0.136%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.136% dearer against Pacifica than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.316% in total (about 16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 3.0059 | 0.0100 | pay 0.0013% / 1h | 14m 27s | $68K | $33K | 10x |
| Short | Gate NG_USDT | 3.0100 | 0.0603 | get 0.0603% / 8h | 2h 14m | $1.5M | $196K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Pacifica. 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
- $105.63
- Price spread: +0.136% → 0.000%
- $13.64
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $96.27
- Costs to cover
- 0.230%
- Break-even
- 0.6 days
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 3 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 1.66 bp | 18.5 bp −$18 | 49.2 bp −$492 | doesn't fit | doesn't fit |
Pacifica: 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 | 2.8451 | −5.349% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.043% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0065 | +0.020% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0057 | −0.006% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0060 | +0.003% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.003% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0048 | −0.037% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0062% | 1h | 3.0066 | +0.023% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0065% | 8h | 3.0074 | +0.049% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0058 | −0.003% | $35K | — | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGASlong | +0.0100% | 1h | 3.0059 | long leg | $68K | $33K | 10x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.196% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.196% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.003% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0156% | 4h | 3.0080 | +0.070% | $107K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0192% | 4h | 3.0050 | −0.030% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0330% | 4h | 3.0050 | −0.030% | $1.0M | $951K | 20x | as long as short |
| Aster NATGASUSDT | +0.0357% | 4h | 3.0083 | +0.081% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0523% / S −0.0471% | 1h | 3.0065 | +0.020% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0570% | 4h | 3.0060 | +0.003% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0594% | 4h | 3.0060 | +0.003% | $10.3M | $28.4M | 100x | as long as short |
| Gate NG_USDTshort | +0.0603% | 8h | 3.0100 | +0.136% | $1.5M | $196K | 100x | |
| edgeX NATGASUSDC | +0.0606% | 4h | 3.0060 | +0.003% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0060 | +0.003% | $868K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0654% | 8h | 3.0050 | −0.030% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1002% | 4h | 3.0040 | −0.063% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0079 | +0.067% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
Gate NG_USDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
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
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD