Funding you earn now, next payment 01:00 UTC+0.0285%/8h= +31.3% APRpaid last 24h +0.239%
Price spread now: Bitget against QFEX−0.100%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 3 days (all we have)+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.100%, 7d avg −0.026%
=Funding pays, the price is against you. Bitget is 0.074% cheaper against QFEX than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.026%). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0010 | 0.0015 | pay 0.0002% / 1h | 32m 27s | $659K | $85K | 20x |
| Short | Bitget NATGASUSDT | 2.9980 | 0.0300 | get 0.0150% / 4h | 3h 32m | $10.0M | $3.5M | 100x |
QFEX NATGAS-USD
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- $59.94
- Price spread: −0.100% → −0.026%
- −$7.36
- Slippage, 4 orders
- −$18.41
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $12.17
- Costs to cover
- 0.404%
- Break-even
- 5.6 days
Slippage from QFEX: live order book, 27 min ago; Bitget: live order book, 1 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 QFEX live order book, 27 min ago | 3.34 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.7 bp −$1,270 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.67 bp | 12.1 bp −$12 | 20.7 bp −$207 | 85.3 bp −$8,528 | 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 | 2.8376 | −5.445% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.103% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0015% | 1h | 3.0010 | long leg | $659K | $85K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0024 | +0.047% | $617K | $413K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0006 | −0.014% | $112K | $452K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | 0.000% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0011 | +0.003% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.097% | $84K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0027 | +0.055% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0071% | 4h | 3.0030 | +0.067% | $266K | $73K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | +0.0088% | 1h | 3.0013 | +0.010% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0014 | +0.013% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | 0.000% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0010 | +0.001% | $311K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0184% | 8h | 3.0000 | −0.033% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0201% | 8h | 3.0020 | +0.033% | $863K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0230% | 4h | 3.0020 | +0.033% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0235% | 4h | 3.0019 | +0.031% | $85K | $212K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0265% | 4h | 3.0035 | +0.083% | $98K | $211K | 75x | as long as short |
| Bitget NATGASUSDTshort | +0.0300% | 4h | 2.9980 | −0.100% | $10.0M | $3.5M | 100x | |
| GRVT NATGAS_USDT_Perp | +0.0398% | 4h | 3.0010 | +0.001% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0407% / S −0.0343% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0503% | 8h | 3.0030 | +0.067% | $1.5M | $255K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0028 | +0.060% | $52K | $36K | 20x | as long as short |
Hotstuff NATGAS-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
Binance NATGASUSDT
edgeX NATGASUSDC
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD