Funding you earn now, next payment 06:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.014%
Price spread now: Hotstuff against QFEX+0.027%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
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hotstuff is 0.027% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0050 | 0.0033 | pay 0.0004% / 1h | 27m 52s | $660K | $96K | 20x |
| Short | Hotstuff NATGAS-PERP | 3.0058 | 0.0224 | get 0.0028% / 1h | 27m 52s | $35K | — | 20x |
QFEX NATGAS-USD
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- $40.02
- Price spread: +0.027% → 0.000%
- $2.66
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $27.68
- Costs to cover
- 0.150%
- Break-even
- 2.2 days
Slippage unknown: QFEX: live order book, 62 min ago; 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 QFEX live order book, 62 min ago | 3.33 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.4 bp −$1,236 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 | 2.8446 | −5.338% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.073% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0056 | +0.020% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0047 | −0.010% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USDlong | +0.0033% | 1h | 3.0050 | long leg | $660K | $96K | 20x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | 0.000% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0062 | +0.040% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0070% | 8h | 3.0067 | +0.057% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0075% | 1h | 3.0054 | +0.013% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0036 | −0.047% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.166% | $37K | $219K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.166% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.033% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERPshort | +0.0224% | 1h | 3.0058 | +0.027% | $35K | — | 20x | |
| HTX NATGAS-USDT | +0.0233% | 4h | 3.0067 | +0.057% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0256% | 4h | 3.0040 | −0.033% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0362% | 4h | 3.0040 | −0.033% | $1.0M | $960K | 20x | as long as short |
| Aster NATGASUSDT | +0.0396% | 4h | 3.0049 | −0.002% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0519% / S −0.0466% | 1h | 3.0055 | +0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0591% | 8h | 3.0080 | +0.100% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0606% | 4h | 3.0050 | +0.001% | $317K | $434K | — | as long as short |
| Binance NATGASUSDT | +0.0627% | 4h | 3.0050 | 0.000% | $10.3M | $28.3M | 100x | as long as short |
| BloFin NG-USDT | +0.0634% | 8h | 3.0050 | 0.000% | $82K | $195K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0647% | 4h | 3.0051 | +0.004% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0658% | 8h | 3.0050 | 0.000% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.1016% | 4h | 3.0020 | −0.100% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0076 | +0.086% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
BloFin NG-USDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD