Funding you earn now, next payment 12:00 UTC−0.0534%/8h= −58.5% APRnext payment −$2.67 per $10,000 · paid last 24h −0.107%
Price spread now: edgeX against Bitget+0.160%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days−0.822%−$82 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.160%, 7d avg +0.050%
=Together, before fees−0.950%+ Points / potential airdropedgeX: Active · farm board−$95 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.111% dearer against Bitget than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.050%): +$11 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9950 | 0.0732 | pay 0.0366% / 4h | 1h 26m | $9.9M | $2.8M | 100x |
| Short | edgeX NATGASUSDC | 2.9998 | 0.0198 | get 0.0099% / 4h | 1h 26m | $85K | $212K | 20x |
Bitget NATGASUSDT
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- −$112.11
- Price spread: +0.160% → +0.050%
- $11.07
- Slippage, 4 orders
- −$55.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$177.08
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 18 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 Bitget live order book, 5 min ago | 1.67 bp | 10.9 bp −$11 | 21.3 bp −$213 | 62.2 bp −$6,224 | doesn't fit |
| Sell edgeX live order book, 18 min ago | 13.33 bp | 21.1 bp −$21 | 29.9 bp −$299 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 3.0014 | +0.214% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0004 | +0.180% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0010 | +0.200% | $661K | $93K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0005 | +0.185% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8354 | −5.329% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0022 | +0.240% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0024 | +0.247% | $118K | $220K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9987 | +0.124% | $648K | $793K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9968 | +0.059% | $122K | $368K | 5x | as long as short |
| Aster NATGASUSDT | +0.0035% | 4h | 3.0000 | +0.167% | $258K | $74K | 50x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Aster NATGASUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0000 | +0.167% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9977 | +0.090% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0024 | +0.247% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0010 | +0.201% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9981 | +0.103% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.167% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.167% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9990 | +0.134% | $1.5M | $93K | 10x | as long as short |
| Variational Omni NATGAS | +0.0116% | 4h | 3.0008 | +0.193% | $356K | $420K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0118% | 4h | 2.9980 | +0.100% | $1.1M | $784K | 20x | as long as short |
| edgeX NATGASUSDCshort | +0.0198% | 4h | 2.9998 | +0.160% | $85K | $212K | 20x | |
| Binance NATGASUSDT | +0.0199% | 4h | 2.9990 | +0.134% | $10.0M | $32.6M | 100x | as long as short |
| Gate NG_USDT | +0.0269% | 8h | 3.0030 | +0.267% | $1.5M | $200K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0348% | 8h | 3.0000 | +0.167% | $834K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0364% | 8h | 2.9990 | +0.134% | $80K | $201K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0448% / S −0.0430% | 1h | 3.0005 | +0.184% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDTlong | +0.0732% | 4h | 2.9950 | long leg | $9.9M | $2.8M | 100x |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
Binance NATGASUSDT
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]