Funding you earn now, next payment 02:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.097%
Price spread now: Extended against edgeX−0.077%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.077%, 7d avg −0.010%
=Together, before fees+0.029%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.067% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.119% in total (about -6.2% 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 | edgeX NATGASUSDC | 3.0040 | 0.0364 | pay 0.0182% / 4h | 2h 34m | $85K | $212K | 20x |
| Short | Extended XNG-USD | 3.0017 | 0.0080 | get 0.0010% / 1h | 34m 53s | $110K | $450K | 5x |
edgeX NATGASUSDC
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$59.62
- Price spread: −0.077% → −0.010%
- −$6.68
- Slippage, 4 orders
- −$49.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$129.4
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; Extended: live order book, 33 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, 32 min ago | 13.33 bp | 33.6 bp −$34 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Extended live order book, 33 min ago | 1.00 bp | 3.6 bp −$4 | 8.6 bp −$86 | 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 | 2.8399 | −5.463% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.073% | $2K | $2.5M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | −0.033% | $659K | $86K | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0024% | 1h | 3.0032 | −0.027% | $35K | — | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.033% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0029 | −0.037% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0061 | +0.070% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0071% | 8h | 3.0065 | +0.085% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0080% | 1h | 3.0039 | −0.003% | $618K | $444K | 10x | as long as short |
| Extended XNG-USDshort | +0.0080% | 1h | 3.0017 | −0.077% | $110K | $450K | 5x |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Hotstuff NATGAS-PERP
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0035 | −0.017% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0030 | −0.033% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.133% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | 0.000% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDT | +0.0182% | 4h | 3.0024 | −0.053% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0273% | 4h | 3.0060 | +0.067% | $98K | $213K | 75x | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.200% | $81K | $188K | 20x | as long as short |
| Variational Omni NATGAS | +0.0316% | 4h | 3.0040 | +0.001% | $312K | $443K | — | as long as short |
| OKX NG-USDT-SWAP | +0.0330% | 8h | 3.0020 | −0.067% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDClong | +0.0364% | 4h | 3.0040 | long leg | $85K | $212K | 20x | |
| Binance NATGASUSDT | +0.0387% | 4h | 3.0040 | 0.000% | $10.1M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0406% | 4h | 3.0040 | −0.001% | $12K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0355% | 1h | 3.0045 | +0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0424% | 8h | 3.0060 | +0.067% | $1.5M | $219K | 100x | as long as short |
| Bitget NATGASUSDT | +0.0612% | 4h | 3.0010 | −0.100% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0065 | +0.083% | $54K | $37K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
BloFin NG-USDT
Variational Omni NATGAS
OKX NG-USDT-SWAP
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD