Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.057%7-day average −0.182% · you buy dearer than you sell
Net, funding: paid 7d − costs+$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days+0.823%+$82 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.057%, 7d avg −0.182%
=Together, before fees+0.830%+ Points / potential airdropLighter: Season 3 · farm board+$83 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.126% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.182%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0082 | 0 | get 0.0000% / 4h | 1h 01m | $2K | $2.4M | 20x |
| Short | Lighter NATGAS | 3.0065 | 0.0032 | get 0.0004% / 1h | 1m 08s | $629K | $502K | 10x |
SunX NATGAS-USDT
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $6.72
- Price spread: −0.057% → −0.182%
- $12.56
- Slippage, 4 orders
- −$52.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.57
- Costs to cover
- 0.608%
- Break-even
- 50.3 days
Slippage from SunX: live order book, 6 min ago; Lighter: live order book, 34 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 Lighter live order book, 34 min ago | 0.83 bp | 9.2 bp −$9 | 18.3 bp −$183 | 85.4 bp −$8,544 | 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 | 2.8455 | −5.409% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0082 | long leg | $2K | $2.4M | 20x | |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0060 | −0.073% | $660K | $96K | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 3.0065 | −0.057% | $629K | $502K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0058 | −0.080% | $111K | $283K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0044% | 4h | 3.0079 | −0.010% | $116K | $215K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.040% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0065 | −0.057% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0076 | −0.020% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0073 | −0.031% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
QFEX NATGAS-USD
Extended XNG-USD
HTX NATGAS-USDT
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 | 3.0061 | −0.071% | $68K | $31K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.060% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.273% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | −0.073% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0136% | 4h | 3.0055 | −0.091% | $15K | $222K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0184% | 1h | 3.0060 | −0.073% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0204% | 4h | 3.0050 | −0.106% | $1.0M | $899K | 20x | as long as short |
| Aster NATGASUSDT | +0.0252% | 4h | 3.0086 | +0.013% | $265K | $68K | 50x | as long as short |
| Variational Omni NATGAS | +0.0481% | 4h | 3.0050 | −0.107% | $318K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0495% | 4h | 3.0060 | −0.073% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0510% | 4h | 3.0058 | −0.081% | $85K | $213K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0567% / S −0.0577% | 1h | 3.0065 | −0.057% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0587% | 8h | 3.0090 | +0.027% | $1.5M | $197K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0655% | 8h | 3.0070 | −0.040% | $876K | $1.8M | 50x | as long as short |
| BloFin NG-USDT | +0.0661% | 8h | 3.0050 | −0.106% | $83K | $198K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0920% | 4h | 3.0040 | −0.140% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0987% | 1h | 3.0077 | −0.018% | $56K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD