Funding you earn now, next payment 08:00 UTC+0.0365%/8h= +40.0% APRnext payment +$1.83 per $10,000 · paid last 24h +0.112%
Price spread now: Bitget against edgeX−0.034%64s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.755% of the position
Funding, last 7 days+0.799%+$80 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.034%, 7d avg −0.050%
=Together, before fees+0.799%+ Points / potential airdropedgeX: Active · farm board+$80 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. The two prices were read 64 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 | edgeX NATGASUSDC | 3.0040 | 0.0651 | pay 0.0325% / 4h | 2h 26m | $85K | $213K | 20x |
| Short | Bitget NATGASUSDT | 3.0030 | 0.1016 | get 0.0508% / 4h | 2h 26m | $9.9M | $3.2M | 100x |
edgeX NATGASUSDC
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $76.72
- Price spread: −0.034% → −0.050%
- $1.56
- Slippage, 4 orders
- −$54.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2.77
- Costs to cover
- 0.755%
- Break-even
- 6.7 days
Slippage from edgeX: live order book, 20 min ago; Bitget: live order book, 2 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 edgeX live order book, 20 min ago | 13.32 bp | 33.6 bp −$34 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.66 bp | 10.8 bp −$11 | 20.1 bp −$201 | 64.3 bp −$6,434 | 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 | 2.8449 | −5.297% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.106% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0056 | +0.053% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0047 | +0.023% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | +0.033% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.033% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0062 | +0.073% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0069% | 8h | 3.0068 | +0.092% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0073% | 1h | 3.0055 | +0.049% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0035 | −0.017% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-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 | −0.134% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.134% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.001% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0055 | +0.049% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0228% | 4h | 3.0069 | +0.096% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0240% | 4h | 3.0041 | +0.001% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0360% | 4h | 3.0040 | −0.001% | $1.0M | $960K | 20x | as long as short |
| Aster NATGASUSDT | +0.0393% | 4h | 3.0050 | +0.031% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0520% / S −0.0466% | 1h | 3.0055 | +0.049% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0593% | 8h | 3.0080 | +0.132% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0606% | 4h | 3.0050 | +0.034% | $317K | $434K | — | as long as short |
| Binance NATGASUSDT | +0.0623% | 4h | 3.0050 | +0.033% | $10.3M | $28.3M | 100x | as long as short |
| edgeX NATGASUSDClong | +0.0651% | 4h | 3.0040 | long leg | $85K | $213K | 20x | |
| OKX NG-USDT-SWAP | +0.0658% | 8h | 3.0050 | +0.033% | $867K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0670% | 8h | 3.0040 | −0.001% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDTshort | +0.1016% | 4h | 3.0030 | −0.034% | $9.9M | $3.2M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0074 | +0.112% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD