Funding you earn now, next payment 11:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.106%
Price spread now: Gate against QFEX+0.133%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 4 days (all we have)+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.133%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.084% dearer against QFEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 2.9980 | −0.0004 | get 0.0001% / 1h | 52m 26s | $660K | $99K | 20x |
| Short | Gate NG_USDT | 3.0020 | 0.0259 | get 0.0259% / 8h | 5h 52m | $1.5M | $199K | 100x |
QFEX NATGAS-USD
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $55.26
- Price spread: +0.133% → +0.050%
- $8.37
- Slippage, 4 orders
- −$26.91
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $11.73
- Costs to cover
- 0.519%
- Break-even
- 5.5 days
Slippage from QFEX: live order book, 54 min ago; Gate: live order book, 3 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, 54 min ago | 3.34 bp | 8.3 bp −$8 | 8.3 bp −$83 | 11.8 bp −$1,178 | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.33 bp | 14.0 bp −$14 | 41.4 bp −$414 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 3.0035 | +0.183% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 2.9995 | +0.050% | $54K | $45K | 20x | as long as short |
| QFEX NATGAS-USDlong | −0.0004% | 1h | 2.9980 | long leg | $660K | $99K | 20x | |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0006 | +0.085% | $259K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9980 | 0.000% | $19K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8360 | −5.404% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0011 | +0.103% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0012 | +0.107% | $118K | $221K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9978 | −0.007% | $670K | $768K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9975 | −0.016% | $132K | $358K | 5x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USDShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0037% | 1h | 2.9980 | 0.000% | $6.0M | $4.9M | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9990 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9963 | −0.057% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9989 | +0.030% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9966 | −0.046% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.067% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0000 | +0.067% | $1.5M | $93K | 10x | as long as short |
| Variational Omni NATGAS | +0.0101% | 4h | 2.9967 | −0.042% | $355K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0142% | 4h | 2.9980 | 0.000% | $1.1M | $804K | 20x | as long as short |
| Binance NATGASUSDT | +0.0157% | 4h | 2.9988 | +0.026% | $9.6M | $32.0M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0194% | 4h | 2.9990 | +0.033% | $85K | $210K | 20x | as long as short |
| Gate NG_USDTshort | +0.0259% | 8h | 3.0020 | +0.133% | $1.5M | $199K | 100x | |
| OKX NG-USDT-SWAP | +0.0354% | 8h | 2.9980 | 0.000% | $832K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0362% | 8h | 2.9980 | 0.000% | $80K | $201K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 2.9995 | +0.050% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0704% | 4h | 2.9950 | −0.100% | $9.9M | $2.9M | 100x | as long as short |
tradeXYZ xyz:NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT