Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h −0.008%
Price spread now: QFEX against Vest−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (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 −$1 a day on $10k at the current rate, and QFEX is 0.033% cheaper against Vest than usual: you would sell low and buy high (−$3 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 | Vest NG-PERP | 3.0060 | 0.0046 | pay 0.0006% / 1h | 43m 54s | — | $14K | 10x |
| Short | QFEX NATGAS-USD | 3.0050 | 0.0002 | get 0.0000% / 1h | 43m 54s | $660K | $96K | 20x |
Vest NG-PERP
QFEX NATGAS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Vest. 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
- −$9.16
- Price spread: −0.033% → 0.000%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 41 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 41 min ago | 3.33 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.6 bp −$1,262 | doesn't fit |
Vest: 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/USD | L 0.0000% / S 0.0000% | 1h | 2.8441 | −5.386% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.073% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USDshort | +0.0002% | 1h | 3.0050 | −0.033% | $660K | $96K | 20x | |
| HTX NATGAS-USDT | +0.0030% | 4h | 3.0066 | +0.020% | $107K | $207K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0063 | +0.010% | $629K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0049 | −0.037% | $111K | $332K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0053 | −0.023% | $35K | — | 20x | as long as short |
| Vest NG-PERPlong | +0.0046% | 1h | 3.0060 | long leg | — | $14K | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0083 | +0.077% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0058% | 8h | 3.0068 | +0.026% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0074% | 1h | 3.0056 | −0.013% | $6.0M | $5.5M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0035 | −0.083% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.133% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0100 | +0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | 0.000% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0126% | 4h | 3.0080 | +0.066% | $22K | $210K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0284% | 4h | 3.0050 | −0.033% | $1.0M | $930K | 20x | as long as short |
| Aster NATGASUSDT | +0.0293% | 4h | 3.0081 | +0.071% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0511% | 4h | 3.0080 | +0.066% | $318K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0535% | 4h | 3.0065 | +0.017% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0542% | 4h | 3.0069 | +0.031% | $85K | $213K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0544% / S −0.0548% | 1h | 3.0065 | +0.017% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0634% | 8h | 3.0090 | +0.100% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0635% | 8h | 3.0070 | +0.033% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0650% | 8h | 3.0050 | −0.033% | $871K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0960% | 4h | 3.0030 | −0.100% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0987% | 1h | 3.0078 | +0.061% | $56K | $35K | 20x | as long as short |
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
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
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD