Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Hotstuff−0.010%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
=Together, before fees—+ Points / potential airdropHotstuff: Active · tradeXYZ: Active · farm boardneeds 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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0012 | 0.0032 | pay 0.0004% / 1h | 59m 23s | $35K | — | 20x |
| Short | tradeXYZ xyz:NATGAS | 3.0009 | 0.0050 | get 0.0006% / 1h | 59m 23s | $6.0M | $5.9M | 10x |
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.010% → 0.000%
- −$1
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$20.22
- Costs to cover
- 0.230%
- Break-even
- 44.4 days
Slippage unknown: Hotstuff: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 0.33 bp | 11.8 bp −$12 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.067% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0000 | −0.040% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0009 | −0.010% | $619K | $494K | 10x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0032% | 1h | 3.0012 | long leg | $35K | — | 20x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.027% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGASshort | +0.0050% | 1h | 3.0009 | −0.010% | $6.0M | $5.9M | 10x | |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0028 | +0.053% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0059% | 8h | 3.0021 | +0.031% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9981 | −0.103% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.040% | $37K | $214K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 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 | −0.040% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.007% | $1.5M | $95K | 10x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 2.9998 | −0.047% | $110K | $445K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0239% | 4h | 3.0028 | +0.053% | $105K | $216K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0380% | 4h | 3.0001 | −0.038% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0384% | 4h | 3.0000 | −0.040% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0411% | 4h | 3.0005 | −0.023% | $265K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0443% / S −0.0382% | 1h | 3.0015 | +0.010% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0460% | 8h | 3.0040 | +0.093% | $1.5M | $188K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0481% | 8h | 3.0000 | −0.040% | $853K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0481% | 8h | 3.0000 | −0.040% | $80K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0595% | 4h | 3.0009 | −0.011% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0625% | 4h | 3.0015 | +0.010% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0639% | 4h | 3.0009 | −0.010% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0025 | +0.044% | $53K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0996% | 4h | 2.9980 | −0.107% | $9.9M | $3.4M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT