Funding you earn now, next payment 08:00 UTC+0.0389%/8h= +42.6% APRnext payment +$1.95 per $10,000 · paid last 24h +0.128%
Price spread now: Binance against SunX−0.048%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.048%, 7d avg −0.041%
=The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0032 | 0 | get 0.0000% / 4h | 20m 39s | $2K | $2.4M | 20x |
| Short | Binance NATGASUSDT | 3.0017 | 0.0389 | get 0.0195% / 4h | 20m 39s | $10.4M | $28.6M | 100x |
SunX NATGAS-USDT
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $81.75
- Price spread: −0.048% → −0.041%
- −$0.76
- Slippage, 4 orders
- −$42.94
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $20.05
- Costs to cover
- 0.609%
- Break-even
- 5.3 days
Slippage from SunX: live order book, 6 min ago; Binance: live order book, 6 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 SunX live order book, 6 min ago | 15.13 bp | 19.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.66 bp | 6.7 bp −$7 | 6.7 bp −$67 | 30.7 bp −$3,073 | 119.4 bp −$59.7K |
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 | 2.8384 | −5.487% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0032 | long leg | $2K | $2.4M | 20x | |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0030 | −0.007% | $117K | $217K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0010 | −0.073% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0020 | −0.040% | $630K | $495K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0008 | −0.080% | $111K | $271K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 3.0014 | −0.060% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.073% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0010 | −0.073% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.023% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0019 | −0.042% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0058% | 4h | 3.0060 | +0.093% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0008 | −0.080% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.107% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.107% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.073% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0154% | 4h | 3.0000 | −0.107% | $1.0M | $875K | 20x | as long as short |
| Aster NATGASUSDT | +0.0174% | 4h | 3.0040 | +0.027% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0365% | 4h | 3.0010 | −0.074% | $318K | $390K | — | as long as short |
| Binance NATGASUSDTshort | +0.0389% | 4h | 3.0017 | −0.048% | $10.4M | $28.6M | 100x | |
| edgeX NATGASUSDC | +0.0409% | 4h | 3.0024 | −0.027% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0574% | 8h | 3.0030 | −0.007% | $1.5M | $196K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0583% / S −0.0597% | 1h | 3.0015 | −0.057% | $88K | — | 45x | as long as short |
| OKX NG-USDT-SWAP | +0.0584% | 8h | 3.0000 | −0.107% | $840K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0591% | 8h | 3.0020 | −0.040% | $81K | $198K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0846% | 4h | 2.9990 | −0.140% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0030 | −0.007% | $55K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
GRVT NATGAS_USDT_Perp
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD