Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Orderly against gTrade (Gains Network)+5.759%123s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 5.759% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$576 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 123 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 | gTrade (Gains Network) NATGAS/USD | 2.8461 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 24m 15s | — | — | — |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0100 | 0.0100 | get 0.0100% / 8h | 1h 24m | $3K | $544 | 10x |
gTrade (Gains Network) NATGAS/USD
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against gTrade (Gains Network). 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
- $21
- Price spread: +5.759% → 0.000%
- $575.88
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $580.88
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Orderly: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Orderly: 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/USDlong | L 0.0000% / S 0.0000% | 1h | 2.8461 | long leg | — | — | — | |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +5.731% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0002% | 1h | 3.0070 | +5.653% | $660K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0080 | +5.688% | $630K | $502K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | +5.643% | $111K | $283K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | +5.653% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0069 | +5.650% | $6.0M | $5.4M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0056 | +5.604% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0088 | +5.715% | $5K | — | 5x | as long as short |
| HTX NATGAS-USDT | +0.0055% | 4h | 3.0087 | +5.713% | $107K | $201K | 75x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
HTX NATGAS-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0052 | +5.590% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +5.759% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0100 | +5.759% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | +5.653% | $1.5M | $93K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0152% | 4h | 3.0064 | +5.632% | $22K | $210K | 25x | as long as short |
| Hotstuff NATGAS-PERP | +0.0224% | 1h | 3.0078 | +5.681% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0260% | 4h | 3.0050 | +5.583% | $1.0M | $915K | 20x | as long as short |
| Aster NATGASUSDT | +0.0285% | 4h | 3.0094 | +5.738% | $265K | $70K | 50x | as long as short |
| Variational Omni NATGAS | +0.0508% | 4h | 3.0070 | +5.652% | $319K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0527% | 4h | 3.0070 | +5.653% | $10.3M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0547% | 4h | 3.0070 | +5.652% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0553% / S −0.0560% | 1h | 3.0075 | +5.671% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0626% | 8h | 3.0090 | +5.724% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0630% | 8h | 3.0050 | +5.583% | $83K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0654% | 8h | 3.0080 | +5.688% | $877K | $1.8M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0958% | 4h | 3.0040 | +5.548% | $9.9M | $3.1M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0986% | 1h | 3.0086 | +5.711% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD