Funding you earn now, next payment 11:00 UTC+0.1600%/8h= +175.2% APRpaid last 24h −0.028%
Price spread now: SunX against Hotstuff+0.023%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$48 a day on $10k at the current rate, and SunX is 0.023% dearer against Hotstuff than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0035 | −0.1600 | get 0.0200% / 1h | 59m 20s | $35K | — | 20x |
| Short | SunX NATGAS-USDT | 3.0042 | 0 | get 0.0000% / 4h | 1h 59m | $2K | $1.7M | 20x |
Hotstuff NATGAS-PERP
SunX NATGAS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Hotstuff. 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
- $336
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $325.33
- Costs to cover
- 0.130%
- Break-even
- 0.2 days
Slippage unknown: Hotstuff: no order-book sample; SunX: live order book, 10 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 10 min ago | 15.01 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
Hotstuff: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPlong | −0.1600% | 1h | 3.0035 | long leg | $35K | — | 20x | |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0025 | −0.033% | $55K | $46K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | −0.0029% | 1h | 3.0034 | −0.003% | $6.0M | $5.0M | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0007 | −0.094% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8410 | −5.410% | — | — | — | as long as short |
| SunX NATGAS-USDTshort | 0.0000% | 4h | 3.0042 | +0.023% | $2K | $1.7M | 20x | |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.020% | $118K | $221K | 75x | as long as short |
| Aster NATGASUSDT | +0.0004% | 4h | 3.0030 | −0.017% | $259K | $73K | 50x | as long as short |
| QFEX NATGAS-USD | +0.0024% | 1h | 3.0020 | −0.050% | $661K | $99K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0040 | +0.017% | $677K | $761K | 10x | as long as short |
Kraken Futures PF_NATGASUSD
tradeXYZ xyz:NATGAS
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
HTX NATGAS-USDT
Aster NATGASUSDT
QFEX NATGAS-USD
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USD | +0.0032% | 1h | 3.0042 | +0.025% | $141K | $349K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.050% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | −0.073% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0033 | −0.007% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0024 | −0.036% | $68K | $39K | 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 | 3.0020 | −0.050% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0028 | −0.023% | $356K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0158% | 4h | 3.0030 | −0.017% | $1.1M | $811K | 20x | as long as short |
| Binance NATGASUSDT | +0.0181% | 4h | 3.0029 | −0.019% | $9.6M | $31.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0209% | 4h | 3.0028 | −0.024% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0278% | 8h | 3.0050 | +0.050% | $1.5M | $199K | 100x | as long as short |
| BloFin NG-USDT | +0.0352% | 8h | 3.0020 | −0.050% | $80K | $200K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0376% | 8h | 3.0020 | −0.050% | $834K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | −0.033% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0720% | 4h | 3.0010 | −0.083% | $9.9M | $2.9M | 100x | as long as short |
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT