Funding you earn now, next payment 04:00 UTC−0.0117%/8h= −12.9% APRnext payment −$0.15 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against tradeXYZ−5.254%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (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 −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 5.254% cheaper against tradeXYZ than usual: you would sell low and buy high (−$525 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 | tradeXYZ xyz:NATGAS | 3.0055 | 0.0117 | pay 0.0015% / 1h | 33m 11s | $6.0M | $5.9M | 10x |
| Short | gTrade (Gains Network) NATGAS/USD | 2.8476 | L 0.0000% / S 0.0000% | pay 0.0000% / 1h | 33m 11s | — | — | — |
tradeXYZ xyz:NATGAS
gTrade (Gains Network) NATGAS/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$24.66
- Price spread: −5.254% → 0.000%
- −$525.37
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$578.03
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; gTrade (Gains Network): 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 tradeXYZ live order book, 5 min ago | 0.50 bp | 10.5 bp −$11 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USDshort | L 0.0000% / S 0.0000% | 1h | 2.8476 | −5.254% | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.090% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0050 | −0.017% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0050 | −0.017% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0038 | −0.056% | $110K | $428K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0058 | +0.010% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.017% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0040 | −0.050% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0064 | +0.030% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0045 | −0.033% | $68K | $33K | 10x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.183% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.183% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.017% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGASlong | +0.0117% | 1h | 3.0055 | long leg | $6.0M | $5.9M | 10x | |
| HTX NATGAS-USDT | +0.0217% | 4h | 3.0070 | +0.050% | $105K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0348% | 4h | 3.0041 | −0.048% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0374% | 4h | 3.0040 | −0.050% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0408% | 4h | 3.0044 | −0.035% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0453% / S −0.0393% | 1h | 3.0065 | +0.033% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0458% | 8h | 3.0080 | +0.083% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0468% | 8h | 3.0050 | −0.017% | $80K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0492% | 8h | 3.0050 | −0.017% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0601% | 4h | 3.0050 | −0.017% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0625% | 4h | 3.0060 | +0.017% | $10.2M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0635% | 4h | 3.0050 | −0.017% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0077 | +0.072% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1004% | 4h | 3.0030 | −0.083% | $9.9M | $3.3M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT