Funding you earn now, next payment 05:00 UTC−0.0398%/8h= −43.5% APRpaid last 24h −0.011%
Price spread now: Extended against HTX−0.172%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.172%, 7d avg −0.062%
=Together, before fees+0.290%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Extended is 0.110% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.062%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.208%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.208% in total (about 10.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0056 | 0.0430 | pay 0.0215% / 4h | 3h 41m | $107K | $214K | 75x |
| Short | Extended XNG-USD | 3.0004 | 0.0032 | get 0.0004% / 1h | 41m 34s | $110K | $395K | 5x |
HTX NATGAS-USDT
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$83.48
- Price spread: −0.172% → −0.062%
- −$11.01
- Slippage, 4 orders
- −$10.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$122.2
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from HTX: live order book, 10 min ago; Extended: live order book, 11 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, 10 min ago | 1.50 bp | 7.5 bp −$7 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 min ago | 0.33 bp | 3.5 bp −$3 | 8.6 bp −$86 | 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 | 2.8406 | −5.490% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | −0.083% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0020 | −0.120% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0006 | −0.166% | $626K | $501K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 3.0004 | −0.172% | $110K | $395K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.153% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | −0.190% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0059% | 1h | 2.9999 | −0.190% | $6.0M | $5.7M | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0002 | −0.180% | $35K | — | 20x | as long as short |
| Paradex NG-USD-PERP | +0.0075% | 8h | 3.0027 | −0.095% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Hotstuff NATGAS-PERP
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 | 2.9985 | −0.236% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.186% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.186% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.153% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0010 | −0.153% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0374% | 4h | 3.0038 | −0.059% | $264K | $74K | 50x | as long as short |
| HTX NATGAS-USDTlong | +0.0430% | 4h | 3.0056 | long leg | $107K | $214K | 75x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0471% / S −0.0413% | 1h | 3.0015 | −0.136% | $92K | — | 45x | as long as short |
| BloFin NG-USDT | +0.0528% | 8h | 3.0030 | −0.087% | $81K | $191K | 20x | as long as short |
| Gate NG_USDT | +0.0531% | 8h | 3.0050 | −0.020% | $1.5M | $192K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0556% | 8h | 3.0010 | −0.153% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | −0.121% | $316K | $449K | — | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0596% | 4h | 3.0017 | −0.129% | $12K | $230K | 25x | as long as short |
| Binance NATGASUSDT | +0.0598% | 4h | 3.0010 | −0.153% | $10.2M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0617% | 4h | 3.0012 | −0.146% | $85K | $211K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0024 | −0.106% | $53K | $33K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0978% | 4h | 2.9990 | −0.220% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
GRVT NATGAS_USDT_Perp
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT