Funding you earn now, next payment 06:00 UTC+0.0496%/8h= +54.3% APRnext payment +$0.62 per $10,000 · paid last 24h +0.138%
Price spread now: GMX against Extended+0.077%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and GMX is 0.077% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0052 | 0.0032 | pay 0.0004% / 1h | 9m 28s | $110K | $333K | 5x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0075 | L +0.0527% / S −0.0528% | get 0.0066% / 1h | 9m 28s | $88K | — | 45x |
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $104.07
- Price spread: +0.077% → 0.000%
- $7.68
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $94.74
- Costs to cover
- 0.170%
- Break-even
- 0.6 days
Slippage unknown: Extended: live order book, 38 min ago; GMX: no order-book sample. Net counts fees only.
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 Extended live order book, 38 min ago | 0.83 bp | 3.9 bp −$4 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 2.8471 | −5.261% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.133% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | +0.070% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | +0.053% | $629K | $504K | 10x | as long as short |
| Extended XNG-USDlong | +0.0032% | 1h | 3.0052 | long leg | $110K | $333K | 5x | |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.006% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | +0.027% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.010% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0059% | 1h | 3.0073 | +0.070% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0076 | +0.078% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Lighter NATGAS
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0059 | +0.024% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.173% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.173% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +0.060% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0139% | 4h | 3.0080 | +0.093% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | 0.000% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0318% | 4h | 3.0060 | +0.027% | $1.0M | $946K | 20x | as long as short |
| Aster NATGASUSDT | +0.0340% | 4h | 3.0077 | +0.083% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0527% / S −0.0528% | 1h | 3.0075 | +0.077% | $88K | — | 45x | |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | +0.026% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0582% | 4h | 3.0061 | +0.030% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | +0.026% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0611% | 8h | 3.0100 | +0.160% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0060 | +0.027% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0050 | −0.006% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0988% | 4h | 3.0030 | −0.073% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1180% | 1h | 3.0096 | +0.145% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD