Funding you earn now, next payment 12:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.024%
Price spread now: OKX against edgeX−0.079%91s7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as 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−$770.768% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.079%, 7d avg −0.040%
=Together, before fees+0.239%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.039% cheaper against edgeX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.040%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.088% in total) that is about 3.1 days. The two prices were read 91 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 | 3.0024 | 0.0404 | pay 0.0202% / 4h | 3h 19m | $85K | $212K | 20x |
| Short | OKX NG-USDT-SWAP | 3.0000 | 0.0501 | get 0.0501% / 8h | 7h 19m | $802K | $1.9M | 50x |
edgeX NATGASUSDC
OKX NG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $20.3
- Price spread: −0.079% → −0.040%
- −$3.91
- Slippage, 4 orders
- −$57.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$60.45
- Costs to cover
- 0.768%
- Break-even
- 27.8 days
Slippage from edgeX: live order book, 12 min ago; OKX: 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, 12 min ago | 13.33 bp | 33.7 bp −$34 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.67 bp | 12.7 bp −$13 | 22.2 bp −$222 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0080% | 1h | 3.0008 | −0.052% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | 0.0000% | 1h | 3.0010 | −0.046% | $658K | $96K | 20x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8369 | −5.511% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.061% | $2K | $2.2M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0009 | −0.049% | $630K | $483K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9981 | −0.142% | $109K | $253K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.046% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0002 | −0.072% | $6.0M | $5.2M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0039 | +0.051% | $84K | $29K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0070% | 8h | 3.0039 | +0.050% | $5K | — | 5x | as long as short |
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
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 | 2.9993 | −0.102% | $69K | $30K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.079% | $37K | $214K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.079% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.012% | $1.5M | $91K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0166% | 4h | 3.0000 | −0.079% | $1.0M | $837K | 20x | as long as short |
| Gate NG_USDT | +0.0203% | 8h | 3.0030 | +0.021% | $1.5M | $193K | 100x | as long as short |
| Aster NATGASUSDT | +0.0216% | 4h | 3.0018 | −0.017% | $264K | $69K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0279% | 4h | 3.0041 | +0.058% | $118K | $220K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0386% | 4h | 3.0013 | −0.035% | $20K | $213K | 25x | as long as short |
| Variational Omni NATGAS | +0.0389% | 4h | 3.0021 | −0.010% | $347K | $420K | — | as long as short |
| edgeX NATGASUSDClong | +0.0404% | 4h | 3.0024 | long leg | $85K | $212K | 20x | |
| Binance NATGASUSDT | +0.0408% | 4h | 3.0000 | −0.079% | $10.4M | $29.0M | 100x | as long as short |
| BloFin NG-USDT | +0.0473% | 8h | 3.0000 | −0.079% | $76K | $197K | 20x | as long as short |
| OKX NG-USDT-SWAPshort | +0.0501% | 8h | 3.0000 | −0.079% | $802K | $1.9M | 50x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0587% / S −0.0602% | 1h | 3.0025 | +0.004% | $88K | — | 45x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0685% | 1h | 3.0006 | −0.060% | $53K | $37K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0872% | 4h | 2.9980 | −0.146% | $9.9M | $2.9M | 100x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Gate NG_USDT
Aster NATGASUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
Variational Omni NATGAS
Binance NATGASUSDT
BloFin NG-USDT
GMX NATGAS/USD [ETH-USDC]
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT