Funding you earn now, next payment 00:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.322%
Price spread now: Bitget against tradeXYZ−0.073%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs+$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days+1.074%+$107 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.073%, 7d avg +0.009%
=Together, before fees+1.138%+ Points / potential airdroptradeXYZ: Active · farm board+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.082% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NATGAS | 2.9932 | 0.0050 | pay 0.0006% / 1h | 36m 11s | $5.9M | $6.0M | 10x |
| Short | Bitget NATGASUSDT | 2.9910 | 0.0406 | get 0.0203% / 4h | 36m 11s | $10.0M | $3.9M | 100x |
tradeXYZ xyz:NATGAS
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $74.76
- Price spread: −0.073% → +0.009%
- −$8.22
- Slippage, 4 orders
- −$15.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $20.74
- Costs to cover
- 0.458%
- Break-even
- 5.1 days
Slippage from tradeXYZ: live order book, 2 min ago; Bitget: live order book, 2 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 tradeXYZ live order book, 2 min ago | 0.83 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.67 bp | 10.7 bp −$11 | 20.4 bp −$204 | 71.1 bp −$7,109 | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9962 | +0.100% | $2K | $2.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9960 | +0.094% | $98K | $214K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 2.9936 | +0.013% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0030% | 1h | 2.9930 | −0.007% | $657K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9951 | +0.063% | $619K | $416K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9930 | −0.007% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGASlong | +0.0050% | 1h | 2.9932 | long leg | $5.9M | $6.0M | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9958 | +0.087% | $84K | $43K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0075% | 8h | 2.9940 | +0.026% | $5K | — | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0082% | 4h | 2.9933 | +0.003% | $13K | $238K | 25x | as long as short |
SunX NATGAS-USDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
GRVT NATGAS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9939 | +0.024% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9930 | −0.007% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.107% | $36K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 2.9900 | −0.107% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9950 | +0.060% | $1.5M | $97K | 10x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 2.9926 | −0.022% | $110K | $471K | 5x | as long as short |
| OKX NG-USDT-SWAP | +0.0191% | 8h | 2.9940 | +0.027% | $857K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0192% | 8h | 2.9970 | +0.127% | $1.5M | $285K | 100x | as long as short |
| Aster NATGASUSDT | +0.0204% | 4h | 2.9947 | +0.049% | $265K | $105K | 50x | as long as short |
| BloFin NG-USDT | +0.0207% | 8h | 2.9940 | +0.027% | $80K | $189K | 20x | as long as short |
| Variational Omni NATGAS | +0.0226% | 4h | 2.9942 | +0.032% | $311K | $443K | — | as long as short |
| Binance NATGASUSDT | +0.0316% | 4h | 2.9945 | +0.044% | $10.1M | $30.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0351% | 4h | 2.9941 | +0.032% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9945 | +0.043% | $93K | — | 45x | as long as short |
| Bitget NATGASUSDTshort | +0.0406% | 4h | 2.9910 | −0.073% | $10.0M | $3.9M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1217% | 1h | 2.9955 | +0.076% | $52K | $39K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
OKX NG-USDT-SWAP
Gate NG_USDT
Aster NATGASUSDT
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD