Funding you earn now, next payment 08:00 UTC−0.0369%/8h= −40.4% APRnext payment −$3.69 per $10,000 · paid last 24h −0.073%
Price spread now: Orderly against Gate−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Orderly is 0.133% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0040 | 0.0469 | pay 0.0469% / 8h | 7h 23m | $1.5M | $255K | 100x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 7h 23m | $3K | $544 | 10x |
Gate NG_USDT
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$77.49
- Price spread: −0.133% → 0.000%
- −$13.32
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$111.81
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; 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 Gate live order book, 4 min ago | 1.66 bp | 27.0 bp −$27 | 72.0 bp −$720 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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/USD | L 0.0000% / S 0.0000% | 1h | 2.8374 | −5.546% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.007% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0010 | −0.100% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | −0.077% | $617K | $414K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0007 | −0.108% | $112K | $452K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.100% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0010 | −0.100% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0046 | +0.020% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0022 | −0.060% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0026 | −0.047% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
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
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NATGASUSDT | +0.0082% | 4h | 3.0030 | −0.033% | $266K | $73K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0000 | −0.133% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.100% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.133% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.067% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0154% | 4h | 3.0030 | −0.033% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0200% | 8h | 2.9990 | −0.166% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0219% | 8h | 3.0020 | −0.067% | $863K | $1.7M | 50x | as long as short |
| HTX NATGAS-USDT | +0.0220% | 4h | 3.0054 | +0.047% | $98K | $211K | 75x | as long as short |
| Binance NATGASUSDT | +0.0249% | 4h | 3.0020 | −0.067% | $10.1M | $29.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0261% | 4h | 3.0032 | −0.026% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0328% | 4h | 2.9980 | −0.200% | $10.0M | $3.5M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0378% | 4h | 3.0030 | −0.033% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0409% / S −0.0346% | 1h | 3.0025 | −0.050% | $92K | — | 45x | as long as short |
| Gate NG_USDTlong | +0.0469% | 8h | 3.0040 | long leg | $1.5M | $255K | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1001% | 1h | 3.0026 | −0.048% | $52K | $36K | 20x | as long as short |
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
HTX NATGAS-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD