Funding you earn now, next payment 05:00 UTC+0.0234%/8h= +25.6% APRnext payment +$0.29 per $10,000 · paid last 24h +0.142%
Price spread now: GMX against Extended+0.056%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.056% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XNG-USD | 3.0038 | 0.0208 | pay 0.0026% / 1h | 3m 28s | $110K | $364K | 5x |
| Short | GMX NATGAS/USD [ETH-USDC] | 3.0055 | L +0.0497% / S −0.0442% | get 0.0055% / 1h | 3m 28s | $92K | — | 45x |
Extended XNG-USD
GMX NATGAS/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $49.07
- Price spread: +0.056% → 0.000%
- $5.64
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $37.7
- Costs to cover
- 0.170%
- Break-even
- 1.6 days
Slippage unknown: Extended: live order book, 49 min ago; GMX: 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 Extended live order book, 49 min ago | 0.33 bp | 3.8 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 2.8440 | −5.320% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.113% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | +0.006% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0045 | +0.023% | $629K | $503K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.040% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.140% | $83K | $26K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0051 | +0.043% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0094% | 1h | 3.0050 | +0.040% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0095% | 8h | 3.0066 | +0.092% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0040 | +0.006% | $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
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
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 | −0.127% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.127% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0050 | +0.040% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USDlong | +0.0208% | 1h | 3.0038 | long leg | $110K | $364K | 5x | |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0040 | +0.006% | $1.0M | $982K | 20x | as long as short |
| Aster NATGASUSDT | +0.0431% | 4h | 3.0060 | +0.073% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0438% | 4h | 3.0041 | +0.009% | $13K | $223K | 25x | as long as short |
| HTX NATGAS-USDT | +0.0495% | 4h | 3.0072 | +0.113% | $107K | $212K | 75x | as long as short |
| GMX NATGAS/USD [ETH-USDC]short | L +0.0497% / S −0.0442% | 1h | 3.0055 | +0.056% | $92K | — | 45x | |
| Gate NG_USDT | +0.0557% | 8h | 3.0090 | +0.173% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0603% | 8h | 3.0060 | +0.073% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0612% | 8h | 3.0050 | +0.040% | $867K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0642% | 4h | 3.0060 | +0.072% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0665% | 4h | 3.0050 | +0.040% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0668% | 4h | 3.0052 | +0.047% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0068 | +0.100% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1036% | 4h | 3.0020 | −0.060% | $9.9M | $3.2M | 100x | as long as short |
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
HTX NATGAS-USDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT