Funding you earn now, next payment 04:00 UTC+0.0394%/8h= +43.1% APRpaid last 24h +0.072%
Price spread now: Gate against ApeX Omni+0.233%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1941.943% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.233%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.208% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | pay 0.0013% / 1h | 9m 13s | $37K | $216K | 50x |
| Short | Gate NG_USDT | 3.0070 | 0.0494 | get 0.0494% / 8h | 4h 09m | $1.5M | $194K | 100x |
ApeX Omni NATGASUSDT
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $82.74
- Price spread: +0.233% → +0.026%
- $20.78
- Slippage, 4 orders
- −$169.26
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.74
- Costs to cover
- 1.943%
- Break-even
- 14.7 days
Slippage from ApeX Omni: live order book, 47 min ago; Gate: live order book, 3 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, 47 min ago | 33.33 bp | 74.4 bp −$74 | 285.4 bp −$2,854 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.66 bp | 19.3 bp −$19 | 53.5 bp −$535 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.173% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0020 | +0.067% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0021 | +0.070% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0022 | +0.072% | $110K | $405K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.100% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.100% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0045 | +0.152% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0068% | 1h | 3.0026 | +0.087% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0013 | +0.043% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $216K | 50x |
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 26 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 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.100% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0152% | 1h | 3.0028 | +0.093% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0161% | 4h | 3.0055 | +0.183% | $105K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0306% | 4h | 3.0030 | +0.101% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0020 | +0.067% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0367% | 4h | 3.0020 | +0.067% | $265K | $72K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0399% | 1h | 3.0035 | +0.117% | $92K | — | 45x | as long as short |
| Gate NG_USDTshort | +0.0494% | 8h | 3.0070 | +0.233% | $1.5M | $194K | 100x | |
| BloFin NG-USDT | +0.0500% | 8h | 3.0040 | +0.133% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0514% | 8h | 3.0030 | +0.100% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | +0.098% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0588% | 4h | 3.0030 | +0.100% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0606% | 4h | 3.0030 | +0.102% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 3.0010 | +0.033% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0045 | +0.151% | $54K | $33K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD