Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Phemex+0.266%77s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1711.714% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.266%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.271% dearer against Phemex than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NGUSDT | 3.0020 | 0.0100 | pay 0.0050% / 4h | 51m 48s | $1.5M | $92K | 10x |
| Short | ApeX Omni NATGASUSDT | 3.0100 | 0.0100 | get 0.0013% / 1h | 51m 48s | $37K | $216K | 50x |
Phemex NGUSDT
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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
- $0
- Price spread: +0.266% → −0.004%
- $27.05
- Slippage, 4 orders
- −$149.44
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$144.39
- Costs to cover
- 1.714%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; ApeX Omni: live order book, 49 min ago.
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 Phemex live order book, 1 min ago | 1.66 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 16.64 bp | 53.7 bp −$54 | 268.4 bp −$2,684 | doesn't fit | doesn't fit |
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 | 2.8391 | −5.426% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0007 | −0.043% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | 0.000% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0023 | +0.010% | $630K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0016 | −0.015% | $111K | $283K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0039% | 4h | 3.0054 | +0.113% | $117K | $216K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0023 | +0.010% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0055 | +0.117% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0032 | +0.041% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
HTX NATGAS-USDT
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0006 | −0.047% | $68K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 3.0100 | +0.266% | $37K | $216K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDTlong | +0.0100% | 4h | 3.0020 | long leg | $1.5M | $92K | 10x | |
| Hotstuff NATGAS-PERP | +0.0128% | 1h | 3.0041 | +0.070% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0128% | 4h | 3.0030 | +0.034% | $15K | $222K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0202% | 4h | 3.0020 | 0.000% | $1.0M | $894K | 20x | as long as short |
| Aster NATGASUSDT | +0.0239% | 4h | 3.0024 | +0.014% | $264K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0463% | 4h | 3.0049 | +0.098% | $318K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0480% | 4h | 3.0020 | 0.000% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0495% | 4h | 3.0047 | +0.089% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0572% / S −0.0583% | 1h | 3.0025 | +0.017% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0578% | 8h | 3.0050 | +0.100% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0654% | 8h | 3.0020 | 0.000% | $870K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0665% | 8h | 3.0040 | +0.067% | $83K | $198K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0036 | +0.054% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0908% | 4h | 3.0000 | −0.067% | $9.9M | $3.1M | 100x | as long as short |
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT