Funding you earn now, next payment 08:00 UTC+0.0870%/8h= +95.2% APRnext payment +$4.35 per $10,000 · paid last 24h +0.212%
Price spread now: Bitget against HTX−0.213%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs+$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+1.150%+$115 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.213%, 7d avg −0.101%
=Funding pays, the price is against you. Bitget is 0.112% cheaper against HTX than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of −0.101%). If the spread goes back, that is −$11 on $10k: about 10 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0054 | 0.0040 | pay 0.0020% / 4h | 53m 13s | $117K | $216K | 75x |
| Short | Bitget NATGASUSDT | 2.9990 | 0.0910 | get 0.0455% / 4h | 53m 13s | $9.9M | $3.1M | 100x |
HTX NATGAS-USDT
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $182.62
- Price spread: −0.213% → −0.101%
- −$11.2
- Slippage, 4 orders
- −$19.1
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $128.32
- Costs to cover
- 0.431%
- Break-even
- 2.1 days
Slippage from HTX: live order book, 48 min ago; Bitget: live order book, just now.
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, 48 min ago | 3.16 bp | 11.1 bp −$11 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 1.67 bp | 10.5 bp −$10 | 17.9 bp −$179 | 58.8 bp −$5,878 | 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 | 2.8400 | −5.503% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0012 | −0.140% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0030 | −0.080% | $659K | $96K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0032 | −0.073% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0040 | −0.047% | $631K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0036 | −0.060% | $111K | $283K | 5x | as long as short |
| HTX NATGAS-USDTlong | +0.0040% | 4h | 3.0054 | long leg | $117K | $216K | 75x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.080% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0030 | −0.080% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0055 | +0.003% | $83K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0043 | −0.037% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | −0.145% | $68K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.153% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.180% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.047% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0128% | 4h | 3.0030 | −0.079% | $15K | $222K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0202% | 4h | 3.0030 | −0.080% | $1.0M | $895K | 20x | as long as short |
| Aster NATGASUSDT | +0.0241% | 4h | 3.0040 | −0.048% | $264K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0463% | 4h | 3.0049 | −0.015% | $318K | $393K | — | as long as short |
| Binance NATGASUSDT | +0.0485% | 4h | 3.0040 | −0.047% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0495% | 4h | 3.0047 | −0.024% | $85K | $211K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0571% / S −0.0582% | 1h | 3.0035 | −0.063% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0578% | 8h | 3.0060 | +0.020% | $1.5M | $195K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0654% | 8h | 3.0030 | −0.080% | $872K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0665% | 8h | 3.0040 | −0.047% | $83K | $198K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0050 | −0.015% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDTshort | +0.0910% | 4h | 2.9990 | −0.213% | $9.9M | $3.1M | 100x |
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD