Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h +0.101%
Price spread now: edgeX against ApeX Omni−0.210%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1631.634% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.210%, 7d avg +0.009%
=Together, before fees+0.278%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.219% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of +0.009%). If the spread goes back, that is −$22 on $10k: about 2.5 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.176% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0100 | 0.0100 | pay 0.0013% / 1h | 3m 58s | $37K | $215K | 50x |
| Short | edgeX NATGASUSDC | 3.0037 | 0.0387 | get 0.0193% / 4h | 3m 58s | $85K | $212K | 20x |
ApeX Omni NATGASUSDT
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against ApeX Omni. 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
- $60.2
- Price spread: −0.210% → +0.009%
- −$21.89
- Slippage, 4 orders
- −$144.43
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$125.12
- Costs to cover
- 1.634%
- Break-even
- 21.5 days
Slippage from ApeX Omni: live order book, 32 min ago; edgeX: live order book, 33 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 ApeX Omni live order book, 32 min ago | 16.64 bp | 52.2 bp −$52 | 264.1 bp −$2,641 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 13.31 bp | 21.1 bp −$21 | 29.3 bp −$293 | 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 | 2.8384 | −5.701% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | −0.193% | $2K | $2.4M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0027 | −0.243% | $118K | $221K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | −0.266% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0030 | −0.233% | $631K | $495K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0016 | −0.279% | $109K | $271K | 5x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0042% | 4h | 3.0020 | −0.266% | $18K | $229K | 25x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.233% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0019 | −0.269% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.282% | $82K | $26K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
GRVT NATGAS_USDT_Perp
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.PShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0029 | −0.235% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0031 | −0.229% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0002 | −0.326% | $69K | $32K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0100 | long leg | $37K | $215K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.332% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.266% | $1.5M | $90K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0140% | 4h | 3.0010 | −0.299% | $1.0M | $864K | 20x | as long as short |
| Aster NATGASUSDT | +0.0145% | 4h | 3.0040 | −0.199% | $264K | $69K | 50x | as long as short |
| Variational Omni NATGAS | +0.0339% | 4h | 3.0031 | −0.229% | $318K | $390K | — | as long as short |
| Binance NATGASUSDT | +0.0359% | 4h | 3.0020 | −0.266% | $10.4M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0387% | 4h | 3.0037 | −0.210% | $85K | $212K | 20x | |
| BloFin NG-USDT | +0.0530% | 8h | 3.0010 | −0.299% | $76K | $198K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0546% | 8h | 3.0010 | −0.299% | $802K | $1.9M | 50x | as long as short |
| Gate NG_USDT | +0.0568% | 8h | 3.0050 | −0.166% | $1.5M | $197K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0586% / S −0.0600% | 1h | 3.0025 | −0.249% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0826% | 4h | 3.0000 | −0.332% | $9.9M | $3.0M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0039 | −0.202% | $56K | $35K | 20x | as long as short |
Paradex NG-USD-PERP
Hotstuff NATGAS-PERP
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD