Funding you earn now, next payment 03:00 UTC+0.0077%/8h= +8.5% APRpaid last 24h −0.036%
Price spread now: Binance against GMX−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX NATGAS/USD [ETH-USDC] | 3.0025 | L +0.0427% / S −0.0365% | pay 0.0053% / 1h | 48m 50s | $92K | — | 45x |
| Short | Binance NATGASUSDT | 3.0020 | 0.0505 | get 0.0252% / 4h | 1h 48m | $10.2M | $28.9M | 100x |
GMX NATGAS/USD [ETH-USDC]
Binance NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- $16.23
- Price spread: −0.017% → 0.000%
- −$1.67
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$7.44
- Costs to cover
- 0.220%
- Break-even
- 10.2 days
Slippage unknown: GMX: no order-book sample; Binance: live order book, 8 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.67 bp | 6.7 bp −$7 | 10.9 bp −$109 | 37.1 bp −$3,707 | 131.5 bp −$65.7K |
GMX: 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 26 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 | 2.8385 | −5.462% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.053% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0020 | −0.017% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.003% | $619K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0001 | −0.079% | $110K | $442K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.050% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0031 | +0.020% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0029 | +0.014% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0065% | 1h | 3.0009 | −0.053% | $5.9M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9998 | −0.090% | $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 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.083% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.083% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.017% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0216% | 4h | 3.0041 | +0.053% | $98K | $212K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0268% | 4h | 3.0010 | −0.050% | $1.0M | $1.1M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0272% | 1h | 3.0023 | −0.007% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0287% | 4h | 3.0011 | −0.048% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0364% | 4h | 3.0010 | −0.050% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0387% | 8h | 3.0020 | −0.017% | $862K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0404% | 8h | 3.0050 | +0.083% | $1.5M | $208K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC]long | L +0.0427% / S −0.0365% | 1h | 3.0025 | long leg | $92K | — | 45x | |
| Variational Omni NATGAS | +0.0459% | 4h | 3.0009 | −0.053% | $311K | $444K | — | as long as short |
| Binance NATGASUSDTshort | +0.0505% | 4h | 3.0020 | −0.017% | $10.2M | $28.9M | 100x | |
| edgeX NATGASUSDC | +0.0510% | 4h | 3.0010 | −0.050% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0826% | 4h | 3.0000 | −0.083% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0034 | +0.029% | $54K | $36K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Hotstuff NATGAS-PERP
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
Gate NG_USDT
Variational Omni NATGAS
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD