Funding you earn now, next payment 04:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.012%
Price spread now: Hotstuff against Pacifica+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.025% dearer against Pacifica than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NATGAS | 3.0023 | 0.0100 | pay 0.0013% / 1h | 44m 27s | $68K | $33K | 10x |
| Short | Hotstuff NATGAS-PERP | 3.0030 | 0.0024 | get 0.0003% / 1h | 44m 27s | $35K | — | 20x |
Pacifica NATGAS
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$15.96
- Price spread: +0.025% → 0.000%
- $2.47
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$26.49
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Hotstuff: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Pacifica and Hotstuff: 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 | 2.8450 | −5.238% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.028% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0020 | −0.009% | $659K | $85K | 20x | as long as short |
| Hotstuff NATGAS-PERPshort | +0.0024% | 1h | 3.0030 | +0.025% | $35K | — | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0033 | +0.035% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.025% | — | $378 | 10x | as long as short |
| Extended XNG-USD | +0.0048% | 1h | 3.0018 | −0.016% | $110K | $441K | 5x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0040 | +0.058% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0057% | 8h | 3.0036 | +0.043% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0092% | 1h | 3.0022 | −0.002% | $6.0M | $5.9M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Extended XNG-USD
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGASlong | +0.0100% | 1h | 3.0023 | long leg | $68K | $33K | 10x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.075% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.075% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.009% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0217% | 4h | 3.0033 | +0.035% | $105K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0362% | 4h | 3.0010 | −0.042% | $1.1M | $1.0M | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0362% | 4h | 3.0000 | −0.075% | $25K | $227K | 25x | as long as short |
| Aster NATGASUSDT | +0.0404% | 4h | 3.0018 | −0.017% | $265K | $73K | 50x | as long as short |
| Gate NG_USDT | +0.0446% | 8h | 3.0050 | +0.091% | $1.5M | $189K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0447% / S −0.0386% | 1h | 3.0025 | +0.008% | $92K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0467% | 8h | 2.9990 | −0.109% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0472% | 8h | 3.0020 | −0.009% | $853K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0594% | 4h | 3.0009 | −0.044% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0618% | 4h | 3.0026 | +0.012% | $10.2M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0635% | 4h | 3.0010 | −0.043% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0992% | 4h | 3.0000 | −0.075% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0026 | +0.010% | $53K | $34K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD