Funding you earn now, next payment 10:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.017%
Price spread now: Extended against QFEX+0.075%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 4 days (all we have)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.075%, 7d avg +0.012%
=Together, before fees+0.160%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.063% dearer against QFEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0020 | 0.0024 | pay 0.0003% / 1h | 59m 22s | $661K | $99K | 20x |
| Short | Extended XNG-USD | 3.0042 | 0.0032 | get 0.0004% / 1h | 59m 22s | $141K | $349K | 5x |
QFEX NATGAS-USD
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against QFEX. 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
- $1.78
- Price spread: +0.075% → +0.012%
- $6.27
- Slippage, 4 orders
- −$10.38
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$17.33
- Costs to cover
- 0.254%
- Break-even
- 75.1 days
Slippage from QFEX: live order book, 47 min ago; Extended: live order book, 50 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 QFEX live order book, 47 min ago | 3.34 bp | 8.3 bp −$8 | 8.3 bp −$83 | 11.8 bp −$1,178 | doesn't fit |
| Sell Extended live order book, 50 min ago | 1.00 bp | 4.5 bp −$5 | 8.8 bp −$88 | doesn't fit | doesn't fit |
NATGAS on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.1600% | 1h | 3.0035 | +0.050% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0025 | +0.017% | $55K | $46K | 20x | as long as short |
| tradeXYZ xyz:NATGAS | −0.0029% | 1h | 3.0034 | +0.047% | $6.0M | $5.0M | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0007 | −0.044% | $20K | $208K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8410 | −5.363% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.073% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0041 | +0.070% | $118K | $221K | 75x | as long as short |
| Aster NATGASUSDT | +0.0004% | 4h | 3.0030 | +0.033% | $259K | $73K | 50x | as long as short |
| QFEX NATGAS-USDlong | +0.0024% | 1h | 3.0020 | long leg | $661K | $99K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0040 | +0.067% | $677K | $761K | 10x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
tradeXYZ xyz:NATGAS
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Aster NATGASUSDT
Lighter NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XNG-USDshort | +0.0032% | 1h | 3.0042 | +0.075% | $141K | $349K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.100% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | −0.023% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0033 | +0.043% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0024 | +0.014% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.067% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | 0.000% | $1.5M | $92K | 10x | as long as short |
| Variational Omni NATGAS | +0.0125% | 4h | 3.0028 | +0.026% | $356K | $429K | — | as long as short |
| KuCoin NATGASUSDTM | +0.0158% | 4h | 3.0030 | +0.033% | $1.1M | $811K | 20x | as long as short |
| Binance NATGASUSDT | +0.0181% | 4h | 3.0029 | +0.031% | $9.6M | $31.8M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0209% | 4h | 3.0028 | +0.026% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0278% | 8h | 3.0050 | +0.100% | $1.5M | $199K | 100x | as long as short |
| BloFin NG-USDT | +0.0352% | 8h | 3.0020 | 0.000% | $80K | $200K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0376% | 8h | 3.0020 | 0.000% | $834K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | +0.017% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0720% | 4h | 3.0010 | −0.033% | $9.9M | $2.9M | 100x | as long as short |
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
KuCoin NATGASUSDTM
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT