Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.026%
Price spread now: Gate against Binance+0.100%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days+0.163%+$16 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.100%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.051% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NATGASUSDT | 3.0020 | 0.0480 | pay 0.0240% / 4h | 51m 36s | $10.3M | $28.5M | 100x |
| Short | Gate NG_USDT | 3.0050 | 0.0578 | get 0.0578% / 8h | 51m 36s | $1.5M | $195K | 100x |
Binance NATGASUSDT
Gate NG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $20.51
- Price spread: +0.100% → +0.049%
- $5.08
- Slippage, 4 orders
- −$33.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.39
- Costs to cover
- 0.590%
- Break-even
- 18.4 days
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 1.66 bp | 6.7 bp −$7 | 10.9 bp −$109 | 39.0 bp −$3,895 | 139.1 bp −$69.5K |
| Sell Gate live order book, 1 min ago | 1.66 bp | 14.8 bp −$15 | 51.4 bp −$514 | 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 | 2.8391 | −5.426% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0007 | −0.043% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0004% | 1h | 3.0030 | +0.033% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0023 | +0.010% | $630K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0022 | +0.008% | $111K | $283K | 5x | as long as short |
| HTX NATGAS-USDT | +0.0039% | 4h | 3.0054 | +0.113% | $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 | 3.0023 | +0.010% | $6.0M | $5.3M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0055 | +0.117% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0052% | 8h | 3.0034 | +0.046% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0006 | −0.047% | $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 | 3.0020 | 0.000% | $1.5M | $92K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0128% | 1h | 3.0041 | +0.070% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0128% | 4h | 3.0030 | +0.034% | $15K | $222K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0202% | 4h | 3.0020 | 0.000% | $1.0M | $893K | 20x | as long as short |
| Aster NATGASUSDT | +0.0239% | 4h | 3.0024 | +0.013% | $264K | $65K | 50x | as long as short |
| Variational Omni NATGAS | +0.0463% | 4h | 3.0049 | +0.098% | $318K | $393K | — | as long as short |
| Binance NATGASUSDTlong | +0.0480% | 4h | 3.0020 | long leg | $10.3M | $28.5M | 100x | |
| edgeX NATGASUSDC | +0.0501% | 4h | 3.0034 | +0.045% | $85K | $212K | 20x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0572% / S −0.0583% | 1h | 3.0025 | +0.017% | $88K | — | 45x | as long as short |
| Gate NG_USDTshort | +0.0578% | 8h | 3.0050 | +0.100% | $1.5M | $195K | 100x | |
| OKX NG-USDT-SWAP | +0.0653% | 8h | 3.0020 | 0.000% | $869K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0665% | 8h | 3.0040 | +0.067% | $83K | $198K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0862% | 1h | 3.0036 | +0.054% | $56K | $36K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0906% | 4h | 2.9990 | −0.100% | $9.9M | $3.1M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
edgeX NATGASUSDC
GMX NATGAS/USD [ETH-USDC]
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT