Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.7% APRpaid last 24h +0.002%
Price spread now: Hotstuff against Paradex−0.100%7-day average — · you buy dearer than you sell
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 airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Hotstuff is 0.100% cheaper against Paradex than usual: you would sell low and buy high (−$10 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 | Paradex NG-USD-PERP | 3.0073 | 0.0073 | pay 0.0073% / 8h | 3h 46m | $5K | — | 5x |
| Short | Hotstuff NATGAS-PERP | 3.0043 | 0.0040 | get 0.0005% / 1h | 46m 51s | $35K | — | 20x |
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Paradex. 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
- −$7.03
- Price spread: −0.100% → 0.000%
- −$10.03
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$26.06
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Paradex 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 | 2.8414 | −5.517% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | −0.037% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.110% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0002 | −0.237% | $626K | $499K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0002 | −0.237% | $110K | $395K | 5x | as long as short |
| Hotstuff NATGAS-PERPshort | +0.0040% | 1h | 3.0043 | −0.100% | $35K | — | 20x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | −0.177% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | −0.143% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERPlong | +0.0073% | 8h | 3.0073 | long leg | $5K | — | 5x | |
| tradeXYZ xyz:NATGAS | +0.0091% | 1h | 3.0012 | −0.203% | $6.0M | $5.7M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | −0.207% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.243% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.243% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.143% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0020 | −0.177% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 4h | 3.0030 | −0.143% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0470% / S −0.0412% | 1h | 3.0025 | −0.160% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0522% | 8h | 3.0060 | −0.044% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0527% | 8h | 3.0050 | −0.077% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0549% | 8h | 3.0030 | −0.143% | $863K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0040 | −0.111% | $317K | $449K | — | as long as short |
| HTX NATGAS-USDT | +0.0581% | 4h | 3.0055 | −0.060% | $107K | $214K | 75x | as long as short |
| edgeX NATGASUSDC | +0.0588% | 4h | 3.0049 | −0.080% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0596% | 4h | 3.0024 | −0.163% | $10.2M | $28.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0622% | 4h | 3.0040 | −0.110% | $25K | $218K | 25x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0035 | −0.127% | $54K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0984% | 4h | 2.9990 | −0.277% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
HTX NATGAS-USDT
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT