Funding you earn now, next payment 06:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.072%
Price spread now: Pacifica against Gate−0.226%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Pacifica is 0.226% cheaper against Gate than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.316% in total (about -16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NG_USDT | 3.0100 | 0.0576 | pay 0.0576% / 8h | 2h 48m | $1.5M | $193K | 100x |
| Short | Pacifica NATGAS | 3.0032 | 0.0100 | get 0.0013% / 1h | 48m 01s | $68K | $33K | 10x |
Gate NG_USDT
Pacifica NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$99.96
- Price spread: −0.226% → 0.000%
- −$22.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$145.55
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Pacifica: 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 | 15.8 bp −$16 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | 2.8444 | −5.502% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0018 | −0.272% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0058 | −0.140% | $629K | $503K | 10x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.166% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.166% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0072 | −0.093% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0082% | 8h | 3.0072 | −0.094% | $5K | — | 5x | as long as short |
| Extended XNG-USD | +0.0096% | 1h | 3.0048 | −0.174% | $110K | $364K | 5x | as long as short |
| Pacifica NATGASshort | +0.0100% | 1h | 3.0032 | −0.226% | $68K | $33K | 10x | |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | 0.000% | $37K | $219K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Extended XNG-USD
ApeX Omni NATGASUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.332% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.166% | $1.5M | $93K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0144% | 1h | 3.0056 | −0.146% | $6.0M | $5.6M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0208% | 1h | 3.0069 | −0.103% | $35K | — | 20x | as long as short |
| KuCoin NATGASUSDTM | +0.0378% | 4h | 3.0050 | −0.166% | $1.0M | $975K | 20x | as long as short |
| HTX NATGAS-USDT | +0.0400% | 4h | 3.0070 | −0.100% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0426% | 4h | 3.0042 | −0.194% | $13K | $224K | 25x | as long as short |
| Aster NATGASUSDT | +0.0438% | 4h | 3.0060 | −0.133% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0502% / S −0.0447% | 1h | 3.0055 | −0.150% | $92K | — | 45x | as long as short |
| Gate NG_USDTlong | +0.0576% | 8h | 3.0100 | long leg | $1.5M | $193K | 100x | |
| OKX NG-USDT-SWAP | +0.0639% | 8h | 3.0060 | −0.133% | $869K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0643% | 4h | 3.0050 | −0.167% | $317K | $449K | — | as long as short |
| BloFin NG-USDT | +0.0665% | 8h | 3.0040 | −0.199% | $82K | $195K | 20x | as long as short |
| Binance NATGASUSDT | +0.0669% | 4h | 3.0050 | −0.166% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0683% | 4h | 3.0047 | −0.177% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1036% | 4h | 3.0020 | −0.266% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0072 | −0.095% | $56K | $35K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
KuCoin NATGASUSDTM
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
Variational Omni NATGAS
BloFin NG-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD