Funding you earn now, next payment 03:00 UTC+0.0154%/8h= +16.8% APRpaid last 24h −0.007%
Price spread now: HTX against ApeX Omni+0.140%76s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1621.618% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.140%, 7d avg +0.054%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and HTX is 0.086% dearer against ApeX Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.054%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | pay 0.0013% / 1h | 21m 43s | $37K | $215K | 50x |
| Short | HTX NATGAS-USDT | 3.0042 | 0.0254 | get 0.0127% / 4h | 1h 21m | $101K | $213K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against ApeX Omni. 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
- $32.26
- Price spread: +0.140% → +0.054%
- $8.61
- Slippage, 4 orders
- −$139.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$120.93
- Costs to cover
- 1.618%
- Break-even
- 33.2 days
Slippage from ApeX Omni: live order book, 39 min ago; HTX: live order book, 40 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 ApeX Omni live order book, 39 min ago | 33.33 bp | 73.2 bp −$73 | 287.3 bp −$2,873 | doesn't fit | doesn't fit |
| Sell HTX live order book, 40 min ago | 4.16 bp | 10.5 bp −$10 | 19.4 bp −$194 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8436 | −5.213% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.107% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.033% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0010 | +0.033% | $618K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.067% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0038 | +0.127% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0065% | 8h | 3.0021 | +0.071% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0091% | 1h | 3.0005 | +0.017% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | +0.013% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $215K | 50x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0013 | +0.043% | $35K | — | 20x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 2.9996 | −0.014% | $110K | $444K | 5x | as long as short |
| HTX NATGAS-USDTshort | +0.0254% | 4h | 3.0042 | +0.140% | $101K | $213K | 75x | |
| KuCoin NATGASUSDTM | +0.0360% | 4h | 3.0010 | +0.033% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0384% | 4h | 3.0012 | +0.040% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0404% | 4h | 3.0027 | +0.088% | $12K | $214K | 25x | as long as short |
| BloFin NG-USDT | +0.0406% | 8h | 2.9990 | −0.033% | $81K | $188K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0435% / S −0.0373% | 1h | 3.0015 | +0.050% | $92K | — | 45x | as long as short |
| OKX NG-USDT-SWAP | +0.0439% | 8h | 3.0020 | +0.067% | $853K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0451% | 8h | 3.0060 | +0.200% | $1.5M | $209K | 100x | as long as short |
| Variational Omni NATGAS | +0.0547% | 4h | 3.0019 | +0.063% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0596% | 4h | 3.0010 | +0.033% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0598% | 4h | 3.0019 | +0.062% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 2.9990 | −0.033% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0026 | +0.086% | $53K | $34K | 20x | as long as short |
ApeX Omni NATGASUSDT
HTX NATGAS-USDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD