Funding you earn now, next payment 03:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.011%
Price spread now: Paradex against QFEX+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.054% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0010 | 0.0019 | pay 0.0002% / 1h | 23m 07s | $659K | $85K | 20x |
| Short | Paradex NG-USD-PERP | 3.0026 | 0.0066 | get 0.0066% / 8h | 5h 23m | $5K | — | 5x |
QFEX NATGAS-USD
Paradex NG-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $9.87
- Price spread: +0.054% → 0.000%
- $5.41
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $1.28
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: QFEX: live order book, 26 min ago; Paradex: 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 QFEX live order book, 26 min ago | 1.67 bp | 9.9 bp −$10 | 10.0 bp −$100 | 14.8 bp −$1,481 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 2.8440 | −5.232% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.107% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0019% | 1h | 3.0010 | long leg | $659K | $85K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0022 | +0.040% | $619K | $494K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | +0.033% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0038 | +0.093% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERPshort | +0.0066% | 8h | 3.0026 | +0.054% | $5K | — | 5x | |
| tradeXYZ xyz:NATGAS | +0.0094% | 1h | 3.0010 | 0.000% | $6.0M | $5.9M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0012 | +0.007% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.033% | $37K | $215K | 50x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 27 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 | −0.033% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.033% | $1.5M | $95K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0112% | 1h | 3.0013 | +0.010% | $35K | — | 20x | as long as short |
| Extended XNG-USD | +0.0128% | 1h | 3.0002 | −0.027% | $110K | $444K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0253% | 4h | 3.0042 | +0.107% | $101K | $213K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0358% | 4h | 3.0010 | 0.000% | $1.1M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0378% | 4h | 3.0016 | +0.020% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0404% | 4h | 3.0027 | +0.055% | $12K | $214K | 25x | as long as short |
| BloFin NG-USDT | +0.0406% | 8h | 2.9990 | −0.067% | $81K | $188K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0435% / S −0.0373% | 1h | 3.0025 | +0.050% | $92K | — | 45x | as long as short |
| OKX NG-USDT-SWAP | +0.0436% | 8h | 3.0020 | +0.033% | $853K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0448% | 8h | 3.0060 | +0.167% | $1.5M | $209K | 100x | as long as short |
| Variational Omni NATGAS | +0.0547% | 4h | 3.0019 | +0.029% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0590% | 4h | 3.0020 | +0.033% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0598% | 4h | 3.0019 | +0.029% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0964% | 4h | 3.0000 | −0.033% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0035 | +0.082% | $54K | $34K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
Extended XNG-USD
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD