Funding you earn now, next payment 11:00 UTC+0.1929%/8h= +211.2% APRpaid last 24h +0.095%
Price spread now: BloFin against Hotstuff+0.050%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$58 a day on $10k at the current rate, and BloFin is 0.050% dearer against Hotstuff than usual: you sell high and buy low: +$5 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 | Hotstuff NATGAS-PERP | 3.0005 | −0.1600 | get 0.0200% / 1h | 44m 16s | $35K | — | 20x |
| Short | BloFin NG-USDT | 3.0020 | 0.0329 | get 0.0329% / 8h | 5h 44m | $80K | $202K | 20x |
Hotstuff NATGAS-PERP
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Hotstuff. 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
- $405.12
- Price spread: +0.050% → 0.000%
- $5
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $393.12
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Hotstuff: no order-book sample; BloFin: live order book, 61 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 61 min ago | 1.67 bp | 7.7 bp −$8 | 13.5 bp −$135 | doesn't fit | doesn't fit |
Hotstuff: 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 exchanges
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-PERPlong | −0.1600% | 1h | 3.0005 | long leg | $35K | — | 20x | |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0028 | +0.078% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0020 | +0.050% | $661K | $99K | 20x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0000 | −0.017% | $258K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0034 | +0.095% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8355 | −5.499% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 2.9994 | −0.037% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0047 | +0.140% | $118K | $220K | 75x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0016 | +0.037% | $649K | $793K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | +0.029% | $122K | $368K | 5x | as long as short |
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
Lighter NATGAS
Extended XNG-USDShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.083% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0016 | +0.037% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | +0.027% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0025 | +0.067% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0088% | 4h | 3.0027 | +0.074% | $356K | $426K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9996 | −0.029% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.317% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.017% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.083% | $1.5M | $94K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0130% | 4h | 3.0000 | −0.017% | $1.1M | $798K | 20x | as long as short |
| Binance NATGASUSDT | +0.0167% | 4h | 3.0030 | +0.083% | $10.0M | $32.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0177% | 4h | 3.0026 | +0.070% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0268% | 8h | 3.0050 | +0.150% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDTshort | +0.0329% | 8h | 3.0020 | +0.050% | $80K | $202K | 20x | |
| OKX NG-USDT-SWAP | +0.0348% | 8h | 3.0010 | +0.017% | $833K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | +0.067% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0708% | 4h | 3.0000 | −0.017% | $9.9M | $2.9M | 100x | as long as short |
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT