Funding you earn now, next payment 04:00 UTC−0.0808%/8h= −88.5% APRnext payment −$4.04 per $10,000 · paid last 24h −0.220%
Price spread now: HTX against Bitget+0.210%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 7 days−1.110%−$111 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.210%, 7d avg +0.099%
=The price spread pays, funding is against you. HTX is 0.111% dearer against Bitget than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of +0.099%): +$11 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NATGASUSDT | 2.9990 | 0.0968 | pay 0.0484% / 4h | 7m 13s | $9.9M | $3.3M | 100x |
| Short | HTX NATGAS-USDT | 3.0053 | 0.0160 | get 0.0080% / 4h | 7m 13s | $105K | $211K | 75x |
Bitget NATGASUSDT
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$169.77
- Price spread: +0.210% → +0.099%
- $11.12
- Slippage, 4 orders
- −$18.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$200.88
- Costs to cover
- 0.422%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; HTX: live order book, 49 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, 1 min ago | 1.67 bp | 11.7 bp −$12 | 21.7 bp −$217 | 63.0 bp −$6,302 | doesn't fit |
| Sell HTX live order book, 49 min ago | 3.50 bp | 11.1 bp −$11 | 19.9 bp −$199 | 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 | 2.8434 | −5.188% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.173% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0020 | +0.100% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.120% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0017 | +0.092% | $110K | $404K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.133% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | +0.083% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0038 | +0.160% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0063% | 1h | 3.0020 | +0.100% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | +0.047% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
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 | +0.033% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.100% | $1.5M | $94K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0152% | 1h | 3.0033 | +0.143% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDTshort | +0.0160% | 4h | 3.0053 | +0.210% | $105K | $211K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0306% | 4h | 3.0030 | +0.134% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0020 | +0.100% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0364% | 4h | 3.0020 | +0.100% | $265K | $72K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0400% | 1h | 3.0025 | +0.117% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0498% | 8h | 3.0070 | +0.267% | $1.5M | $194K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0518% | 8h | 3.0030 | +0.133% | $861K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0532% | 8h | 3.0030 | +0.133% | $81K | $192K | 20x | as long as short |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | +0.132% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0583% | 4h | 3.0020 | +0.100% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0606% | 4h | 3.0030 | +0.135% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDTlong | +0.0968% | 4h | 2.9990 | long leg | $9.9M | $3.3M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0035 | +0.149% | $54K | $33K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD