Funding you earn now, next payment 08:00 UTC−0.0437%/8h= −47.8% APRnext payment −$4.37 per $10,000 · paid last 24h −0.061%
Price spread now: Orderly against BloFin−0.133%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Orderly is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NG-USDT | 3.0040 | 0.0537 | pay 0.0537% / 8h | 4h 09m | $81K | $192K | 20x |
| Short | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | get 0.0100% / 8h | 4h 09m | $3K | $544 | 10x |
BloFin NG-USDT
Orderly PERP_NATGAS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BloFin. 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
- −$91.72
- Price spread: −0.133% → 0.000%
- −$13.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$123.04
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 20 min ago; Orderly: no order-book sample. Net counts fees only.
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 BloFin live order book, 20 min ago | 1.66 bp | 7.7 bp −$8 | 14.8 bp −$148 | 75.2 bp −$7,521 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 2.8451 | −5.290% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.007% | $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 | −0.063% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0021 | −0.062% | $110K | $405K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | −0.033% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0041 | +0.002% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0070% | 1h | 3.0025 | −0.050% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0013 | −0.090% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.133% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythosshort | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.033% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0160% | 4h | 3.0043 | +0.010% | $105K | $210K | 75x | as long as short |
| Hotstuff NATGAS-PERP | +0.0208% | 1h | 3.0040 | 0.000% | $35K | — | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0318% | 4h | 3.0058 | +0.060% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0320% | 4h | 3.0010 | −0.100% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0371% | 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 | −0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0493% | 8h | 3.0070 | +0.100% | $1.5M | $194K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0513% | 8h | 3.0030 | −0.033% | $861K | $1.7M | 50x | as long as short |
| BloFin NG-USDTlong | +0.0537% | 8h | 3.0040 | long leg | $81K | $192K | 20x | |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | −0.035% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0590% | 4h | 3.0030 | −0.033% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0622% | 4h | 3.0050 | +0.034% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0966% | 4h | 3.0000 | −0.133% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0040 | −0.001% | $54K | $33K | 20x | as long as short |
ApeX Omni NATGASUSDT
Phemex NGUSDT
HTX NATGAS-USDT
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD