Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against Extended−0.058%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1611.615% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.058%, 7d avg +0.006%
=Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.065% cheaper against Extended than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.006%). If the spread goes back, that is −$6 on $10k: about 3.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0018 | 0.0032 | pay 0.0004% / 1h | 7m 23s | $110K | $404K | 5x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 7m 23s | $37K | $216K | 50x |
Extended XNG-USD
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Extended. 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
- $14.28
- Price spread: −0.058% → +0.006%
- −$6.46
- Slippage, 4 orders
- −$146.47
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$153.66
- Costs to cover
- 1.615%
- Break-even
- 82.3 days
Slippage from Extended: live order book, 50 min ago; ApeX Omni: live order book, 49 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 Extended live order book, 50 min ago | 0.50 bp | 4.0 bp −$4 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 49 min ago | 33.33 bp | 79.6 bp −$80 | 274.7 bp −$2,747 | 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 | 2.8434 | −5.275% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.115% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0020 | +0.008% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | +0.028% | $619K | $494K | 10x | as long as short |
| Extended XNG-USDlong | +0.0032% | 1h | 3.0018 | long leg | $110K | $404K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.042% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.008% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0038 | +0.069% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0063% | 1h | 3.0020 | +0.008% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0004 | −0.045% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
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 NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.058% | $37K | $216K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.058% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.042% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0152% | 1h | 3.0033 | +0.051% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0161% | 4h | 3.0055 | +0.125% | $105K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0306% | 4h | 3.0030 | +0.042% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0020 | +0.008% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0364% | 4h | 3.0020 | +0.008% | $265K | $72K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0400% | 1h | 3.0025 | +0.025% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0498% | 8h | 3.0070 | +0.175% | $1.5M | $194K | 100x | as long as short |
| BloFin NG-USDT | +0.0500% | 8h | 3.0040 | +0.075% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0518% | 8h | 3.0030 | +0.042% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | +0.040% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0583% | 4h | 3.0020 | +0.008% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0606% | 4h | 3.0030 | +0.043% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 2.9990 | −0.092% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0041 | +0.078% | $54K | $33K | 20x | as long as short |
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
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD