Funding you earn now, next payment 12:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX+0.028%50s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as 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−$680.682% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now +0.028%, 7d avg +0.023%
=Together, before fees+0.105%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 50 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 | edgeX NATGASUSDC | 2.9962 | 0.0226 | pay 0.0113% / 4h | 2h 04m | $85K | $211K | 20x |
| Short | Binance NATGASUSDT | 2.9970 | 0.0200 | get 0.0100% / 4h | 2h 04m | $9.6M | $31.7M | 100x |
edgeX NATGASUSDC
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$5.48
- Price spread: +0.028% → +0.023%
- $0.53
- Slippage, 4 orders
- −$49.19
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.15
- Costs to cover
- 0.682%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 45 min ago; Binance: live order book, 15 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 edgeX live order book, 45 min ago | 13.36 bp | 33.7 bp −$34 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.67 bp | 6.7 bp −$7 | 9.8 bp −$98 | 33.5 bp −$3,350 | 119.4 bp −$59.7K |
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 | 2.9970 | +0.028% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9960 | −0.006% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8316 | −5.493% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0001 | +0.131% | $2K | $1.8M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 2.9987 | +0.085% | $118K | $221K | 75x | as long as short |
| Aster NATGASUSDT | +0.0021% | 4h | 2.9970 | +0.028% | $258K | $74K | 50x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 2.9960 | −0.006% | $660K | $98K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9976 | +0.048% | $676K | $764K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9986 | +0.082% | $141K | $349K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | +0.028% | — | $14K | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Aster NATGASUSDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9980 | +0.061% | $6.0M | $5.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9977 | +0.051% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 2.9987 | +0.085% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9964 | +0.009% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.206% | $36K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | +0.128% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9980 | +0.061% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0151% | 4h | 2.9938 | −0.079% | $355K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0172% | 4h | 2.9960 | −0.006% | $1.1M | $814K | 20x | as long as short |
| Binance NATGASUSDTshort | +0.0200% | 4h | 2.9970 | +0.028% | $9.6M | $31.7M | 100x | |
| edgeX NATGASUSDClong | +0.0226% | 4h | 2.9962 | long leg | $85K | $211K | 20x | |
| Gate NG_USDT | +0.0279% | 8h | 3.0000 | +0.128% | $1.5M | $205K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0298% | 1h | 2.9972 | +0.033% | $54K | $46K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0389% | 8h | 2.9960 | −0.006% | $834K | $2.0M | 50x | as long as short |
| BloFin NG-USDT | +0.0397% | 8h | 2.9980 | +0.061% | $80K | $199K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0492% / S −0.0486% | 1h | 2.9985 | +0.078% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0738% | 4h | 2.9950 | −0.039% | $9.9M | $2.9M | 100x | as long as short |
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
Gate NG_USDT
Kraken Futures PF_NATGASUSD
OKX NG-USDT-SWAP
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT