Funding you earn now, next payment 11:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against Extended+0.005%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 4 days (all we have)−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.005%, 7d avg −0.012%
=Together, before fees−0.191%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0018 | 0.0032 | pay 0.0004% / 1h | 43m 18s | $122K | $368K | 5x |
| Short | QFEX NATGAS-USD | 3.0020 | −0.0004 | pay 0.0001% / 1h | 43m 18s | $661K | $99K | 20x |
Extended XNG-USD
QFEX NATGAS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$7.59
- Price spread: +0.005% → −0.012%
- $1.74
- Slippage, 4 orders
- −$8.62
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.47
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; QFEX: live order book, 63 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 Extended live order book, 2 min ago | 0.17 bp | 3.7 bp −$4 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 63 min ago | 3.34 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.0 bp −$1,201 | doesn't fit |
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 | 3.0017 | −0.005% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0028 | +0.033% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USDshort | −0.0004% | 1h | 3.0020 | +0.005% | $661K | $99K | 20x | |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0000 | −0.061% | $258K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0034 | +0.050% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8355 | −5.542% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9994 | −0.082% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0047 | +0.095% | $118K | $220K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0022 | +0.012% | $649K | $793K | 10x | as long as short |
| Extended XNG-USDlong | +0.0032% | 1h | 3.0018 | long leg | $122K | $368K | 5x |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.038% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0022 | +0.012% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | −0.018% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0025 | +0.022% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0088% | 4h | 3.0027 | +0.030% | $356K | $426K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0000 | −0.062% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.062% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.062% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.038% | $1.5M | $94K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0130% | 4h | 3.0000 | −0.062% | $1.1M | $798K | 20x | as long as short |
| edgeX NATGASUSDC | +0.0166% | 4h | 3.0024 | +0.017% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0169% | 4h | 3.0030 | +0.038% | $10.0M | $32.7M | 100x | as long as short |
| Gate NG_USDT | +0.0270% | 8h | 3.0050 | +0.105% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDT | +0.0329% | 8h | 3.0020 | +0.005% | $80K | $202K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0346% | 8h | 3.0010 | −0.028% | $833K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | +0.022% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0710% | 4h | 3.0000 | −0.062% | $9.9M | $2.9M | 100x | as long as short |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
edgeX NATGASUSDC
Binance NATGASUSDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT