Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.079%
Price spread now: Gate against HTX+0.020%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days+0.498%+$50 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.020%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.050% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0074 | 0.0215 | pay 0.0107% / 4h | 35m 31s | $105K | $212K | 75x |
| Short | Gate NG_USDT | 3.0080 | 0.0455 | get 0.0455% / 8h | 4h 35m | $1.5M | $192K | 100x |
HTX NATGAS-USDT
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $50.5
- Price spread: +0.020% → −0.030%
- $5.03
- Slippage, 4 orders
- −$32.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$3.63
- Costs to cover
- 0.592%
- Break-even
- 7.5 days
Slippage from HTX: live order book, 21 min ago; Gate: live order book, 2 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, 21 min ago | 3.50 bp | 9.5 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.32 bp | 19.4 bp −$19 | 60.4 bp −$604 | doesn't fit | doesn't fit |
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 | 3.0072 | −0.007% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0040 | −0.113% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0048 | −0.086% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0038 | −0.119% | $110K | $433K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0053 | −0.070% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.080% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0040 | −0.113% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0056% | 8h | 3.0061 | −0.044% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0045 | −0.096% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.246% | $37K | $216K | 50x | as long as short |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Hotstuff NATGAS-PERP
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 | −0.246% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | −0.080% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0112% | 1h | 3.0050 | −0.080% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDTlong | +0.0215% | 4h | 3.0074 | long leg | $105K | $212K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0348% | 4h | 3.0041 | −0.109% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0368% | 4h | 3.0040 | −0.113% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0407% | 4h | 3.0044 | −0.101% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0449% / S −0.0388% | 1h | 3.0055 | −0.063% | $92K | — | 45x | as long as short |
| Gate NG_USDTshort | +0.0455% | 8h | 3.0080 | +0.020% | $1.5M | $192K | 100x | |
| BloFin NG-USDT | +0.0466% | 8h | 3.0050 | −0.080% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0485% | 8h | 3.0050 | −0.080% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0601% | 4h | 3.0050 | −0.081% | $312K | $444K | — | as long as short |
| edgeX NATGASUSDC | +0.0623% | 4h | 3.0051 | −0.077% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0623% | 4h | 3.0050 | −0.080% | $10.2M | $28.6M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0066 | −0.025% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1002% | 4h | 3.0030 | −0.146% | $9.9M | $3.3M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
tradeXYZ xyz:NATGAS
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
edgeX NATGASUSDC
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT