Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.019%
Price spread now: Extended against SunX−0.154%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.154%, 7d avg −0.069%
=Together, before fees+0.278%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.085% cheaper against SunX than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.069%). If the spread goes back, that is −$8 on $10k: about 8.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.230% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0031 | 0 | get 0.0000% / 4h | 2h 56m | $2K | $2.6M | 20x |
| Short | Extended XNG-USD | 2.9985 | 0.0032 | get 0.0004% / 1h | 56m 19s | $110K | $451K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SunX. 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
- $6.72
- Price spread: −0.154% → −0.069%
- −$8.48
- Slippage, 4 orders
- −$50.78
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$65.54
- Costs to cover
- 0.638%
- Break-even
- 75.3 days
Slippage from SunX: live order book, 11 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 SunX live order book, 11 min ago | 19.13 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 11 min ago | 1.00 bp | 3.6 bp −$4 | 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 | 2.8365 | −5.548% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0031 | long leg | $2K | $2.6M | 20x | |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0020 | −0.037% | $659K | $86K | 20x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 2.9985 | −0.154% | $110K | $451K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.070% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0005 | −0.087% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | +0.053% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0026 | −0.018% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0072% | 1h | 3.0007 | −0.080% | $617K | $443K | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0014 | −0.055% | $68K | $33K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.070% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.103% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.103% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.037% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0119% | 4h | 3.0030 | −0.003% | $266K | $73K | 50x | as long as short |
| Hotstuff NATGAS-PERP | +0.0128% | 1h | 3.0007 | −0.080% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0200% | 4h | 3.0031 | 0.000% | $98K | $211K | 75x | as long as short |
| Variational Omni NATGAS | +0.0229% | 4h | 3.0010 | −0.069% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0264% | 8h | 2.9990 | −0.137% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0282% | 8h | 3.0010 | −0.070% | $865K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0300% | 4h | 3.0034 | +0.009% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0305% | 4h | 3.0013 | −0.059% | $10.1M | $29.2M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0336% | 4h | 3.0020 | −0.037% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0393% | 8h | 3.0030 | −0.003% | $1.5M | $217K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0416% / S −0.0352% | 1h | 3.0015 | −0.053% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0458% | 4h | 3.0000 | −0.103% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0027 | −0.013% | $52K | $36K | 20x | as long as short |
SunX NATGAS-USDT
Extended XNG-USD
gTrade (Gains Network) NATGAS/USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Lighter NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD