Funding you earn now, next payment 08:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.025%
Price spread now: edgeX against GMX−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.047% cheaper against GMX than usual: you would sell low and buy high (−$5 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 | GMX NATGAS/USD [ETH-USDC] | 3.0035 | L +0.0588% / S −0.0602% | pay 0.0073% / 1h | 59m 05s | $88K | — | 45x |
| Short | edgeX NATGASUSDC | 3.0021 | 0.0361 | get 0.0181% / 4h | 3h 59m | $85K | $213K | 20x |
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$47.64
- Price spread: −0.047% → 0.000%
- −$4.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$73.33
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 38 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 edgeX live order book, 38 min ago | 13.31 bp | 21.1 bp −$21 | 29.3 bp −$293 | doesn't fit | doesn't fit |
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 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 | 2.8391 | −5.474% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0051 | +0.053% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0043 | +0.027% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0030 | −0.017% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0039 | +0.013% | $631K | $482K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0022 | −0.043% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0038% | 4h | 3.0020 | −0.049% | $18K | $218K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.017% | — | $14K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0027 | −0.027% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0029 | −0.020% | $6.0M | $5.3M | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
GRVT NATGAS_USDT_Perp
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0012 | −0.077% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0036 | +0.004% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0006 | −0.095% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.117% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.117% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.017% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0134% | 4h | 3.0010 | −0.083% | $1.0M | $859K | 20x | as long as short |
| Aster NATGASUSDT | +0.0138% | 4h | 3.0040 | +0.017% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0330% | 4h | 3.0021 | −0.047% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0350% | 4h | 3.0039 | +0.012% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0361% | 4h | 3.0021 | −0.047% | $85K | $213K | 20x | |
| BloFin NG-USDT | +0.0507% | 8h | 3.0020 | −0.050% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0533% | 8h | 3.0010 | −0.083% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDT | +0.0565% | 8h | 3.0050 | +0.050% | $1.5M | $192K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC]long | L +0.0588% / S −0.0602% | 1h | 3.0035 | long leg | $88K | — | 45x | |
| Kraken Futures PF_NATGASUSD | +0.0684% | 1h | 3.0048 | +0.042% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0822% | 4h | 3.0010 | −0.083% | $9.9M | $3.0M | 100x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT