Funding you earn now, next payment 04:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h −0.007%
Price spread now: HTX against ApeX Omni+0.233%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1751.746% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.233%, 7d avg +0.056%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.178% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.056%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| 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 | 33m 13s | $37K | $216K | 50x |
| Short | HTX NATGAS-USDT | 3.0070 | 0.0217 | get 0.0109% / 4h | 33m 13s | $105K | $212K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $24.6
- Price spread: +0.233% → +0.056%
- $17.76
- Slippage, 4 orders
- −$152.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$132.21
- Costs to cover
- 1.746%
- Break-even
- 44.6 days
Slippage from ApeX Omni: live order book, 23 min ago; HTX: live order book, 23 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, 23 min ago | 33.33 bp | 74.4 bp −$74 | 285.4 bp −$2,854 | doesn't fit | doesn't fit |
| Sell HTX live order book, 23 min ago | 3.50 bp | 11.1 bp −$11 | 19.9 bp −$199 | 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 | 2.8476 | −5.080% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0082 | +0.273% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0050 | +0.167% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0050 | +0.167% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0038 | +0.127% | $110K | $428K | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0040% | 1h | 3.0058 | +0.193% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.167% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0040 | +0.133% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0055% | 8h | 3.0064 | +0.213% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0045 | +0.150% | $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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $216K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | 0.000% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | +0.200% | $1.5M | $94K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0117% | 1h | 3.0055 | +0.183% | $6.0M | $5.9M | 10x | as long as short |
| HTX NATGAS-USDTshort | +0.0217% | 4h | 3.0070 | +0.233% | $105K | $212K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0348% | 4h | 3.0041 | +0.136% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0374% | 4h | 3.0040 | +0.133% | $1.1M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0408% | 4h | 3.0044 | +0.148% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0453% / S −0.0393% | 1h | 3.0065 | +0.217% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0458% | 8h | 3.0080 | +0.267% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0468% | 8h | 3.0050 | +0.167% | $80K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0492% | 8h | 3.0050 | +0.167% | $855K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0601% | 4h | 3.0050 | +0.166% | $312K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0625% | 4h | 3.0060 | +0.200% | $10.2M | $28.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0635% | 4h | 3.0050 | +0.166% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0993% | 1h | 3.0077 | +0.255% | $54K | $34K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1004% | 4h | 3.0030 | +0.100% | $9.9M | $3.3M | 100x | as long as short |
ApeX Omni NATGASUSDT
HTX NATGAS-USDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
Pacifica NATGAS
Phemex NGUSDT
tradeXYZ xyz:NATGAS
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT