Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.091%
Price spread now: HTX against Binance+0.143%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 2 days (all we have)−0.097%−$10 · spread now +0.143%, 7d avg +0.041%
=The price spread pays, funding is against you. HTX is 0.102% dearer against Binance than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.041%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 3.0020 | 0.0300 | pay 0.0150% / 4h | 2h 58m | $10.1M | $29.2M | 100x |
| Short | HTX NATGAS-USDT | 3.0063 | 0.0209 | get 0.0105% / 4h | 2h 58m | $98K | $211K | 75x |
Binance NATGASUSDT
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- −$19.14
- Price spread: +0.143% → +0.041%
- $10.21
- Slippage, 4 orders
- −$14.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$45.81
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; HTX: live order book, 8 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 Binance live order book, 13 min ago | 1.66 bp | 9.6 bp −$10 | 13.3 bp −$133 | 40.4 bp −$4,039 | 134.7 bp −$67.3K |
| Sell HTX live order book, 8 min ago | 3.16 bp | 11.4 bp −$11 | 18.6 bp −$186 | 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 | 2.8396 | −5.410% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.140% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0029 | +0.030% | $617K | $429K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0009 | −0.037% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.033% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0021 | +0.003% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0011 | −0.030% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | +0.090% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0037 | +0.057% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
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 | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0028 | +0.028% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.033% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.067% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.033% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0113% | 4h | 3.0030 | +0.033% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDTshort | +0.0209% | 4h | 3.0063 | +0.143% | $98K | $211K | 75x | |
| Variational Omni NATGAS | +0.0215% | 4h | 3.0030 | +0.032% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0242% | 8h | 2.9990 | −0.100% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0274% | 8h | 3.0020 | 0.000% | $865K | $1.7M | 50x | as long as short |
| Binance NATGASUSDTlong | +0.0300% | 4h | 3.0020 | long leg | $10.1M | $29.2M | 100x | |
| edgeX NATGASUSDC | +0.0304% | 4h | 3.0030 | +0.033% | $85K | $213K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0338% | 4h | 3.0024 | +0.012% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0393% | 8h | 3.0040 | +0.067% | $1.5M | $217K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0415% / S −0.0351% | 1h | 3.0045 | +0.083% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0436% | 4h | 3.0000 | −0.067% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0055 | +0.116% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD