Funding you earn now, next payment 09:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h +0.026%
Price spread now: Hotstuff against SunX−0.073%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.073% cheaper against SunX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0052 | 0 | get 0.0000% / 4h | 3h 38m | $2K | $2.4M | 20x |
| Short | Hotstuff NATGAS-PERP | 3.0030 | −0.0056 | pay 0.0007% / 1h | 38m 28s | $35K | — | 20x |
SunX NATGAS-USDT
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$11.76
- Price spread: −0.073% → 0.000%
- −$7.32
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$32.08
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 9 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 SunX live order book, 9 min ago | 14.99 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPshort | −0.0056% | 1h | 3.0030 | −0.073% | $35K | — | 20x | |
| QFEX NATGAS-USD | 0.0000% | 1h | 3.0050 | −0.007% | $659K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8400 | −5.497% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0052 | long leg | $2K | $2.4M | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0053 | +0.003% | $631K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0035 | −0.057% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0040 | −0.040% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0035 | −0.057% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0028 | −0.080% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0050% | 8h | 3.0054 | +0.007% | $5K | — | 5x | as long as short |
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0035 | −0.057% | $69K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.173% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.173% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.040% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0146% | 4h | 3.0030 | −0.073% | $1.1M | $846K | 20x | as long as short |
| Aster NATGASUSDT | +0.0172% | 4h | 3.0030 | −0.073% | $264K | $69K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0201% | 4h | 3.0057 | +0.017% | $118K | $220K | 75x | as long as short |
| Gate NG_USDT | +0.0301% | 8h | 3.0060 | +0.027% | $1.5M | $193K | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0318% | 4h | 2.9992 | −0.199% | $18K | $218K | 25x | as long as short |
| Variational Omni NATGAS | +0.0344% | 4h | 2.9990 | −0.206% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0365% | 4h | 3.0050 | −0.007% | $10.4M | $28.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0369% | 4h | 2.9986 | −0.219% | $85K | $211K | 20x | as long as short |
| BloFin NG-USDT | +0.0484% | 8h | 3.0010 | −0.140% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0510% | 8h | 3.0030 | −0.073% | $801K | $1.9M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0597% / S −0.0614% | 1h | 3.0045 | −0.023% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0684% | 1h | 3.0036 | −0.054% | $53K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0848% | 4h | 3.0020 | −0.106% | $9.9M | $3.0M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
Gate NG_USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT