Funding you earn now, next payment 06:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h −0.019%
Price spread now: edgeX against GMX−0.050%70s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. edgeX is 0.050% cheaper against GMX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 2.1 days of funding at the current rate (+$2 a day). The two prices were read 70 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 | GMX NATGAS/USD [ETH-USDC] | 3.0075 | L +0.0527% / S −0.0528% | pay 0.0066% / 1h | 9m 40s | $88K | — | 45x |
| Short | edgeX NATGASUSDC | 3.0060 | 0.0608 | get 0.0304% / 4h | 2h 09m | $85K | $211K | 20x |
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against GMX. 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
- $16.95
- Price spread: −0.050% → 0.000%
- −$5.03
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.09
- Costs to cover
- 0.210%
- Break-even
- 10.8 days
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 37 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 37 min ago | 13.32 bp | 21.1 bp −$21 | 29.2 bp −$292 | doesn't fit | doesn't fit |
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 | 2.8471 | −5.333% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0092 | +0.057% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0016% | 1h | 3.0073 | −0.007% | $35K | — | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0068 | −0.023% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0067 | −0.026% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0070 | −0.017% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0070 | −0.017% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0049 | −0.086% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0059% | 1h | 3.0073 | −0.007% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0076 | +0.002% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
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 | 3.0059 | −0.053% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.249% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.249% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0070 | −0.017% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0139% | 4h | 3.0080 | +0.017% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0182% | 4h | 3.0050 | −0.083% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0318% | 4h | 3.0060 | −0.050% | $1.0M | $946K | 20x | as long as short |
| Aster NATGASUSDT | +0.0340% | 4h | 3.0076 | +0.005% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC]long | L +0.0527% / S −0.0528% | 1h | 3.0075 | long leg | $88K | — | 45x | |
| Variational Omni NATGAS | +0.0561% | 4h | 3.0060 | −0.051% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0582% | 4h | 3.0062 | −0.044% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0608% | 4h | 3.0060 | −0.050% | $85K | $211K | 20x | |
| Gate NG_USDT | +0.0608% | 8h | 3.0100 | +0.083% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0644% | 8h | 3.0060 | −0.050% | $82K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0652% | 8h | 3.0050 | −0.083% | $868K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDT | +0.0992% | 4h | 3.0040 | −0.116% | $9.9M | $3.2M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1180% | 1h | 3.0096 | +0.068% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
Variational Omni NATGAS
Binance NATGASUSDT
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD