Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: tradeXYZ against SunX−0.047%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.047%, 7d avg −0.104%
=Together, before fees+0.093%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.057% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0092 | 0 | get 0.0000% / 4h | 31m 56s | $2K | $2.4M | 20x |
| Short | tradeXYZ xyz:NATGAS | 3.0078 | 0.0050 | get 0.0006% / 1h | 31m 56s | $6.0M | $5.2M | 10x |
SunX NATGAS-USDT
tradeXYZ xyz:NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.047% → −0.104%
- $5.72
- Slippage, 4 orders
- −$42.97
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$52.76
- Costs to cover
- 0.690%
- Break-even
- 42.2 days
Slippage from SunX: live order book, 5 min ago; tradeXYZ: 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, 5 min ago | 15.13 bp | 19.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.67 bp | 11.2 bp −$11 | doesn't fit | 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 | −0.0088% | 1h | 3.0072 | −0.066% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8450 | −5.457% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0092 | long leg | $2K | $2.4M | 20x | |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0088 | −0.013% | $117K | $217K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0070 | −0.073% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0079 | −0.043% | $632K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | −0.081% | $111K | $271K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.073% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGASshort | +0.0050% | 1h | 3.0078 | −0.047% | $6.0M | $5.2M | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0088 | −0.013% | $83K | $26K | 10x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
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 | 3.0079 | −0.045% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0076% | 4h | 3.0050 | −0.140% | $15K | $222K | 25x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0071 | −0.071% | $70K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.306% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.306% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.073% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0168% | 4h | 3.0060 | −0.106% | $1.0M | $885K | 20x | as long as short |
| Aster NATGASUSDT | +0.0185% | 4h | 3.0066 | −0.088% | $265K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0402% | 4h | 3.0069 | −0.076% | $319K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0420% | 4h | 3.0070 | −0.073% | $10.4M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0441% | 4h | 3.0054 | −0.126% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0578% / S −0.0590% | 1h | 3.0075 | −0.056% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0578% | 8h | 3.0090 | −0.007% | $1.5M | $195K | 100x | as long as short |
| BloFin NG-USDT | +0.0615% | 8h | 3.0060 | −0.106% | $82K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0617% | 8h | 3.0050 | −0.140% | $854K | $1.8M | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0860% | 1h | 3.0090 | −0.006% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0868% | 4h | 3.0040 | −0.173% | $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
BloFin NG-USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT