Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.007%
Price spread now: Orderly against HTX−0.130%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Orderly is 0.130% cheaper against HTX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0039 | 0.0280 | pay 0.0140% / 4h | 2h 34m | $98K | $213K | 75x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 6h 34m | $3K | $544 | 10x |
HTX NATGAS-USDT
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$37.76
- Price spread: −0.130% → 0.000%
- −$12.98
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$68.74
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 32 min ago; Orderly: no order-book sample. 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 HTX live order book, 32 min ago | 3.16 bp | 9.2 bp −$9 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 2.8381 | −5.519% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.077% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | −0.030% | $658K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0032 | −0.023% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | −0.063% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0009 | −0.100% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0061 | +0.073% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0074% | 8h | 3.0066 | +0.090% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0080% | 1h | 3.0039 | 0.000% | $618K | $444K | 10x | as long as short |
| Extended XNG-USD | +0.0096% | 1h | 3.0003 | −0.120% | $110K | $450K | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGAS
Extended XNG-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0028 | −0.037% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.130% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.130% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.003% | $1.5M | $95K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0102% | 4h | 3.0020 | −0.063% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0187% | 4h | 3.0021 | −0.061% | $265K | $73K | 50x | as long as short |
| HTX NATGAS-USDTlong | +0.0280% | 4h | 3.0039 | long leg | $98K | $213K | 75x | |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.196% | $81K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0316% | 4h | 3.0040 | +0.004% | $312K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0333% | 8h | 3.0020 | −0.063% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0364% | 4h | 3.0040 | +0.003% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0390% | 4h | 3.0020 | −0.063% | $10.1M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0406% | 4h | 3.0040 | +0.002% | $12K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0355% | 1h | 3.0025 | −0.047% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0426% | 8h | 3.0050 | +0.037% | $1.5M | $219K | 100x | as long as short |
| Bitget NATGASUSDT | +0.0620% | 4h | 3.0000 | −0.130% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0047 | +0.025% | $54K | $37K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
BloFin NG-USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD