Funding you earn now, next payment 06:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against HTX−0.269%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1281.281% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.269%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.209% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0081 | 0.0135 | pay 0.0068% / 4h | 2h 09m | $107K | $212K | 75x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 9m 07s | $37K | $218K | 50x |
HTX NATGAS-USDT
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against HTX. 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
- −$7.44
- Price spread: −0.269% → −0.060%
- −$20.95
- Slippage, 4 orders
- −$106.1
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$156.49
- Costs to cover
- 1.281%
- Break-even
- never at this rate
Slippage from HTX: live order book, 37 min ago; ApeX Omni: live order book, 37 min ago.
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 HTX live order book, 37 min ago | 4.16 bp | 10.2 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 16.64 bp | 55.2 bp −$55 | 274.8 bp −$2,748 | doesn't fit | doesn't fit |
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 | 2.8454 | −5.409% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.003% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | −0.027% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0062 | −0.063% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0054 | −0.091% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.103% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | −0.070% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.106% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0060% | 1h | 3.0062 | −0.063% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0076 | −0.018% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0059 | −0.073% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.269% | $37K | $218K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.269% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.037% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDTlong | +0.0135% | 4h | 3.0081 | long leg | $107K | $212K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0170% | 4h | 3.0052 | −0.096% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0318% | 4h | 3.0050 | −0.103% | $1.0M | $945K | 20x | as long as short |
| Aster NATGASUSDT | +0.0340% | 4h | 3.0079 | −0.008% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0528% / S −0.0528% | 1h | 3.0065 | −0.053% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | −0.071% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0582% | 4h | 3.0062 | −0.063% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0592% | 4h | 3.0060 | −0.071% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0611% | 8h | 3.0090 | +0.030% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0652% | 8h | 3.0070 | −0.037% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0050 | −0.103% | $867K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0988% | 4h | 3.0040 | −0.136% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0083 | +0.007% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD