Funding you earn now, next payment 08:00 UTC−0.0355%/8h= −38.8% APRpaid last 24h −0.121%
Price spread now: Lighter against edgeX−0.022%79s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$620.624% of the position
Funding, last 7 days+0.436%+$44 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.022%, 7d avg −0.118%
=Together, before fees+0.560%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.095% dearer against edgeX than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.118%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.436%, so the current rate has only just turned against you. The two prices were read 79 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 | 3.0037 | 0.0387 | pay 0.0193% / 4h | 4m 14s | $85K | $212K | 20x |
| Short | Lighter NATGAS | 3.0030 | 0.0032 | get 0.0004% / 1h | 4m 14s | $631K | $495K | 10x |
edgeX NATGASUSDC
Lighter NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$74.48
- Price spread: −0.022% → −0.118%
- $9.53
- Slippage, 4 orders
- −$53.38
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$127.33
- Costs to cover
- 0.624%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; Lighter: live order book, 26 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, 33 min ago | 13.31 bp | 33.6 bp −$34 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 1.83 bp | 2.5 bp −$2 | 15.4 bp −$154 | 84.5 bp −$8,449 | 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 | −5.502% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.018% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0027 | −0.032% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | −0.056% | $659K | $96K | 20x | as long as short |
| Lighter NATGASshort | +0.0032% | 1h | 3.0030 | −0.022% | $631K | $495K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0016 | −0.069% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0042% | 4h | 3.0020 | −0.056% | $18K | $229K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.022% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0019 | −0.059% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.072% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
GRVT NATGAS_USDT_Perp
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0029 | −0.024% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0031 | −0.019% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0002 | −0.116% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.211% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.122% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.056% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0140% | 4h | 3.0010 | −0.089% | $1.0M | $864K | 20x | as long as short |
| Aster NATGASUSDT | +0.0145% | 4h | 3.0040 | +0.011% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0339% | 4h | 3.0031 | −0.019% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0359% | 4h | 3.0020 | −0.056% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0387% | 4h | 3.0037 | long leg | $85K | $212K | 20x | |
| BloFin NG-USDT | +0.0530% | 8h | 3.0010 | −0.089% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0546% | 8h | 3.0010 | −0.089% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDT | +0.0568% | 8h | 3.0050 | +0.044% | $1.5M | $197K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0600% | 1h | 3.0025 | −0.039% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0826% | 4h | 3.0000 | −0.122% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0039 | +0.008% | $56K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD