Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.95 per $10,000 · paid last 24h −0.093%
Price spread now: HTX against edgeX+0.162%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.162%, 7d avg +0.048%
=Together, before fees−0.417%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.114% dearer against edgeX than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.048%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NATGASUSDC | 3.0009 | 0.0436 | pay 0.0218% / 4h | 2h 14m | $85K | $213K | 20x |
| Short | HTX NATGAS-USDT | 3.0058 | 0.0245 | get 0.0123% / 4h | 2h 14m | $98K | $212K | 75x |
edgeX NATGASUSDC
HTX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$40.08
- Price spread: +0.162% → +0.048%
- $11.41
- Slippage, 4 orders
- −$54.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$103.9
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; HTX: live order book, 52 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, 52 min ago | 13.33 bp | 33.6 bp −$34 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell HTX live order book, 52 min ago | 3.16 bp | 11.4 bp −$11 | 18.6 bp −$186 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0040% | 1h | 3.0003 | −0.022% | $35K | — | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8361 | −5.493% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.075% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | +0.002% | $658K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0018 | +0.028% | $618K | $445K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0000 | −0.032% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9992 | −0.058% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.068% | $82K | $27K | 10x | as long as short |
| Extended XNG-USD | +0.0072% | 1h | 2.9993 | −0.055% | $110K | $449K | 5x | as long as short |
| Paradex NG-USD-PERP | +0.0072% | 8h | 3.0015 | +0.017% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Extended XNG-USD
Paradex NG-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.018% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.032% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.032% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | +0.002% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0010 | +0.002% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0235% | 4h | 3.0008 | −0.006% | $265K | $73K | 50x | as long as short |
| HTX NATGAS-USDTshort | +0.0245% | 4h | 3.0058 | +0.162% | $98K | $212K | 75x | |
| OKX NG-USDT-SWAP | +0.0355% | 8h | 3.0000 | −0.032% | $860K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0384% | 4h | 3.0009 | 0.000% | $311K | $444K | — | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0422% / S −0.0359% | 1h | 3.0005 | −0.015% | $92K | — | 45x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0018 | +0.028% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0433% | 8h | 3.0040 | +0.102% | $1.5M | $219K | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0436% | 4h | 3.0009 | long leg | $85K | $213K | 20x | |
| Binance NATGASUSDT | +0.0447% | 4h | 3.0007 | −0.007% | $10.2M | $29.1M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0700% | 4h | 2.9970 | −0.131% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0028 | +0.061% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
GMX NATGAS/USD [ETH-USDC]
GRVT NATGAS_USDT_Perp
Gate NG_USDT
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD