Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.1% APRpaid last 24h −0.106%
Price spread now: Extended against Binance−0.013%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.013%, 7d avg −0.029%
=Together, before fees−0.101%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% 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 | Binance NATGASUSDT | 3.0020 | 0.0472 | pay 0.0236% / 4h | 48m 27s | $10.3M | $28.5M | 100x |
| Short | Extended XNG-USD | 3.0016 | 0.0032 | get 0.0004% / 1h | 48m 27s | $111K | $283K | 5x |
Binance NATGASUSDT
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- −$92.31
- Price spread: −0.013% → −0.029%
- $1.6
- Slippage, 4 orders
- −$6.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$111.86
- Costs to cover
- 0.212%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Extended: live order book, 54 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 Binance live order book, 8 min ago | 1.66 bp | 6.7 bp −$7 | 10.9 bp −$109 | 39.0 bp −$3,895 | 139.1 bp −$69.5K |
| Sell Extended live order book, 54 min ago | 1.00 bp | 3.6 bp −$4 | 8.9 bp −$89 | 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 | −5.450% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0031 | +0.037% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0020 | 0.000% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0024 | +0.013% | $630K | $494K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 3.0016 | −0.013% | $111K | $283K | 5x | |
| HTX NATGAS-USDT | +0.0036% | 4h | 3.0044 | +0.080% | $117K | $216K | 75x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0020 | 0.000% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0010 | −0.033% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0034 | +0.048% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
HTX NATGAS-USDT
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | +0.0096% | 1h | 3.0014 | −0.020% | $35K | — | 20x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0008 | −0.040% | $68K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.067% | $37K | $216K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | −0.033% | $1.5M | $92K | 10x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0122% | 4h | 3.0020 | +0.001% | $15K | $222K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0202% | 4h | 3.0010 | −0.033% | $1.0M | $892K | 20x | as long as short |
| Aster NATGASUSDT | +0.0232% | 4h | 3.0021 | +0.005% | $264K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0450% | 4h | 3.0019 | −0.003% | $318K | $393K | — | as long as short |
| Binance NATGASUSDTlong | +0.0472% | 4h | 3.0020 | long leg | $10.3M | $28.5M | 100x | |
| edgeX NATGASUSDC | +0.0484% | 4h | 3.0020 | −0.001% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0573% / S −0.0585% | 1h | 3.0015 | −0.017% | $88K | — | 45x | as long as short |
| Gate NG_USDT | +0.0576% | 8h | 3.0040 | +0.067% | $1.5M | $195K | 100x | as long as short |
| BloFin NG-USDT | +0.0629% | 8h | 3.0010 | −0.033% | $83K | $197K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0651% | 8h | 3.0010 | −0.033% | $868K | $1.7M | 50x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0030 | +0.033% | $55K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0900% | 4h | 2.9990 | −0.100% | $9.9M | $3.1M | 100x | as long as short |
Hotstuff NATGAS-PERP
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT