Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.026%
Price spread now: edgeX against BloFin+0.133%101s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$760.757% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.133%, 7d avg +0.040%
=Together, before fees−0.175%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.093% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour. The two prices were read 101 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 | BloFin NG-USDT | 2.9990 | 0.0255 | pay 0.0255% / 8h | 6h 59m | $81K | $189K | 20x |
| Short | edgeX NATGASUSDC | 3.0030 | 0.0304 | get 0.0152% / 4h | 2h 59m | $85K | $213K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- $10.18
- Price spread: +0.133% → +0.040%
- $9.29
- Slippage, 4 orders
- −$54.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$56.22
- Costs to cover
- 0.757%
- Break-even
- 45.7 days
Slippage from BloFin: live order book, 65 min ago; edgeX: live order book, 7 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 BloFin live order book, 65 min ago | 1.67 bp | 10.5 bp −$11 | 17.5 bp −$175 | 102.3 bp −$10.2K | doesn't fit |
| Sell edgeX live order book, 7 min ago | 13.33 bp | 21.1 bp −$21 | 28.3 bp −$283 | 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 | 2.8384 | −5.355% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.207% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.133% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0037 | +0.157% | $617K | $423K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0025 | +0.117% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.133% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0021 | +0.103% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0029 | +0.130% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | +0.190% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0037 | +0.157% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0028 | +0.128% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | +0.100% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | +0.033% | $37K | $217K | 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 | 3.0030 | +0.133% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDT | +0.0113% | 4h | 3.0030 | +0.133% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0207% | 4h | 3.0052 | +0.207% | $98K | $212K | 75x | as long as short |
| Variational Omni NATGAS | +0.0215% | 4h | 3.0030 | +0.133% | $312K | $443K | — | as long as short |
| BloFin NG-USDTlong | +0.0255% | 8h | 2.9990 | long leg | $81K | $189K | 20x | |
| OKX NG-USDT-SWAP | +0.0274% | 8h | 3.0020 | +0.100% | $864K | $1.7M | 50x | as long as short |
| Binance NATGASUSDT | +0.0298% | 4h | 3.0040 | +0.167% | $10.1M | $29.2M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0304% | 4h | 3.0030 | +0.133% | $85K | $213K | 20x | |
| GRVT NATGAS_USDT_Perp | +0.0338% | 4h | 3.0024 | +0.112% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0393% | 8h | 3.0040 | +0.167% | $1.5M | $217K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0415% / S −0.0351% | 1h | 3.0035 | +0.150% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0436% | 4h | 3.0020 | +0.100% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1000% | 1h | 3.0044 | +0.179% | $52K | $36K | 20x | as long as short |
BloFin NG-USDT
edgeX NATGASUSDC
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD