Funding you earn now, next payment 04:00 UTC+0.0247%/8h= +27.1% APRnext payment +$1.24 per $10,000 · paid last 24h +0.023%
Price spread now: HTX against SunX−0.030%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.030%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0041 | 0 | get 0.0000% / 4h | 1h 26m | $2K | $2.4M | 20x |
| Short | HTX NATGAS-USDT | 3.0032 | 0.0247 | get 0.0124% / 4h | 1h 26m | $101K | $214K | 75x |
SunX NATGAS-USDT
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $51.89
- Price spread: −0.030% → −0.011%
- −$1.93
- Slippage, 4 orders
- −$47.76
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$17.8
- Costs to cover
- 0.678%
- Break-even
- 9.4 days
Slippage from SunX: live order book, 10 min ago; HTX: live order book, 35 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, 10 min ago | 14.99 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 35 min ago | 4.16 bp | 10.5 bp −$10 | 19.4 bp −$194 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8440 | −5.329% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0041 | long leg | $2K | $2.4M | 20x | |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.103% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0015 | −0.087% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.103% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0007 | −0.113% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0067% | 8h | 3.0029 | −0.041% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0080% | 1h | 3.0015 | −0.087% | $35K | — | 20x | as long as short |
| Extended XNG-USD | +0.0096% | 1h | 3.0001 | −0.134% | $110K | $444K | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0099% | 1h | 3.0008 | −0.110% | $6.0M | $5.9M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Extended XNG-USD
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0013 | −0.093% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.196% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.136% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.037% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDTshort | +0.0247% | 4h | 3.0032 | −0.030% | $101K | $214K | 75x | |
| KuCoin NATGASUSDTM | +0.0348% | 4h | 3.0010 | −0.103% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0367% | 4h | 3.0016 | −0.082% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0400% | 4h | 3.0019 | −0.072% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0429% | 8h | 3.0020 | −0.070% | $853K | $1.7M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0434% / S −0.0372% | 1h | 3.0025 | −0.053% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0441% | 8h | 3.0060 | +0.063% | $1.5M | $209K | 100x | as long as short |
| BloFin NG-USDT | +0.0450% | 8h | 2.9990 | −0.170% | $81K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0532% | 4h | 3.0019 | −0.074% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0583% | 4h | 3.0020 | −0.070% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0584% | 4h | 3.0019 | −0.074% | $85K | $211K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0954% | 4h | 3.0000 | −0.136% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0034 | −0.023% | $54K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD