Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against Gate−0.100%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.100%, 7d avg −0.085%
=The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0060 | 0.0491 | pay 0.0491% / 8h | 4h 10m | $1.5M | $194K | 100x |
| Short | OKX NG-USDT-SWAP | 3.0030 | 0.0512 | get 0.0512% / 8h | 4h 10m | $860K | $1.7M | 50x |
Gate NG_USDT
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- $4.32
- Price spread: −0.100% → −0.085%
- −$1.44
- Slippage, 4 orders
- −$35.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.07
- Costs to cover
- 0.610%
- Break-even
- 101.1 days
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 1 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 Gate live order book, 2 min ago | 1.66 bp | 20.9 bp −$21 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.66 bp | 11.2 bp −$11 | 18.3 bp −$183 | doesn't fit | 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 | 2.8449 | −5.359% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | −0.027% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0030 | −0.100% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0021 | −0.130% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0022 | −0.128% | $110K | $405K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.100% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | −0.100% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0049 | −0.037% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0072% | 1h | 3.0023 | −0.123% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0023 | −0.123% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.200% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.200% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.100% | $1.5M | $94K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0162% | 4h | 3.0037 | −0.077% | $105K | $211K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0208% | 1h | 3.0040 | −0.067% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0318% | 4h | 3.0058 | −0.006% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0010 | −0.166% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 4h | 3.0022 | −0.127% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0399% | 1h | 3.0035 | −0.083% | $92K | — | 45x | as long as short |
| Gate NG_USDTlong | +0.0491% | 8h | 3.0060 | long leg | $1.5M | $194K | 100x | |
| OKX NG-USDT-SWAPshort | +0.0512% | 8h | 3.0030 | −0.100% | $860K | $1.7M | 50x | |
| BloFin NG-USDT | +0.0537% | 8h | 3.0040 | −0.067% | $81K | $192K | 20x | as long as short |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | −0.102% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0590% | 4h | 3.0020 | −0.133% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0622% | 4h | 3.0050 | −0.032% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 3.0000 | −0.200% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0039 | −0.071% | $54K | $33K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD