Funding you earn now, next payment 08:00 UTC+0.0606%/8h= +66.3% APRpaid last 24h +0.091%
Price spread now: BloFin against SunX−0.007%55s7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as 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−$720.715% of the position
Funding, last 7 days+0.435%+$44 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.007%, 7d avg −0.101%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.094% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.101%. The two prices were read 55 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 | SunX NATGAS-USDT | 3.0032 | 0 | get 0.0000% / 4h | 37m 27s | $2K | $2.4M | 20x |
| Short | BloFin NG-USDT | 3.0030 | 0.0606 | get 0.0606% / 8h | 37m 27s | $82K | $198K | 20x |
SunX NATGAS-USDT
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $127.2
- Price spread: −0.007% → −0.101%
- $9.4
- Slippage, 4 orders
- −$51.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $65.07
- Costs to cover
- 0.715%
- Break-even
- 3.4 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 33 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, 9 min ago | 15.15 bp | 19.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 3.32 bp | 9.3 bp −$9 | 15.2 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0032% | 1h | 3.0069 | +0.123% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8426 | −5.348% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0032 | long leg | $2K | $2.4M | 20x | |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0060 | +0.093% | $660K | $96K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0007% | 4h | 3.0068 | +0.120% | $117K | $216K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | +0.120% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0061 | +0.097% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.093% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0068 | +0.120% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0009 | −0.077% | $82K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
QFEX NATGAS-USD
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
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 | +0.0052% | 8h | 3.0077 | +0.149% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0084% | 4h | 3.0039 | +0.025% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0050 | +0.060% | $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 | 3.0050 | +0.060% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0178% | 4h | 3.0040 | +0.027% | $1.0M | $888K | 20x | as long as short |
| Aster NATGASUSDT | +0.0197% | 4h | 3.0061 | +0.095% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0413% | 4h | 3.0029 | −0.010% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0431% | 4h | 3.0060 | +0.093% | $10.4M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0443% | 4h | 3.0029 | −0.009% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0581% / S −0.0594% | 1h | 3.0065 | +0.110% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0581% | 8h | 3.0070 | +0.127% | $1.5M | $195K | 100x | as long as short |
| BloFin NG-USDTshort | +0.0606% | 8h | 3.0030 | −0.007% | $82K | $198K | 20x | |
| OKX NG-USDT-SWAP | +0.0628% | 8h | 3.0050 | +0.060% | $856K | $1.8M | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0861% | 1h | 3.0068 | +0.119% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0878% | 4h | 3.0040 | +0.027% | $9.9M | $3.0M | 100x | 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
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT