Funding you earn now, next payment 01:00 UTC+0.0174%/8h= +19.1% APRpaid last 24h +0.061%
Price spread now: OKX against ApeX Omni+0.067%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.067%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.106% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.040%.
| 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 | 58m 57s | $37K | $217K | 50x |
| Short | OKX NG-USDT-SWAP | 3.0020 | 0.0274 | get 0.0274% / 8h | 6h 58m | $865K | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $36.54
- Price spread: +0.067% → −0.040%
- $10.63
- Slippage, 4 orders
- −$108.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.86
- Costs to cover
- 1.280%
- Break-even
- 22.5 days
Slippage from ApeX Omni: live order book, 7 min ago; OKX: 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, 7 min ago | 16.64 bp | 52.4 bp −$52 | 270.6 bp −$2,706 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.66 bp | 9.3 bp −$9 | 21.5 bp −$215 | 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 | 2.8396 | −5.347% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.207% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.100% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0036 | +0.120% | $617K | $424K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0009 | +0.029% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.100% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0021 | +0.070% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0015 | +0.050% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | +0.157% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0037 | +0.123% | $5K | — | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0028 | +0.095% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | +0.033% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDTlong | +0.0100% | 1h | 3.0000 | long leg | $37K | $217K | 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 | 3.0030 | +0.100% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0113% | 4h | 3.0030 | +0.100% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0209% | 4h | 3.0063 | +0.210% | $98K | $211K | 75x | as long as short |
| Variational Omni NATGAS | +0.0215% | 4h | 3.0030 | +0.099% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0242% | 8h | 2.9990 | −0.033% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0274% | 8h | 3.0020 | +0.067% | $865K | $1.7M | 50x | |
| Binance NATGASUSDT | +0.0298% | 4h | 3.0026 | +0.086% | $10.1M | $29.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0304% | 4h | 3.0030 | +0.100% | $85K | $213K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0338% | 4h | 3.0024 | +0.079% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0393% | 8h | 3.0050 | +0.167% | $1.5M | $217K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0415% / S −0.0351% | 1h | 3.0045 | +0.150% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0436% | 4h | 2.9990 | −0.033% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0055 | +0.183% | $52K | $36K | 20x | as long as short |
ApeX Omni NATGASUSDT
OKX NG-USDT-SWAP
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Pacifica NATGAS
KuCoin NATGASUSDTM
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD