Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Hotstuff−0.056%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropHotstuff: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.056% cheaper against Hotstuff than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NATGAS-PERP | 3.0015 | 0.0072 | pay 0.0009% / 1h | 52m 38s | $35K | — | 20x |
| Short | Extended XNG-USD | 2.9998 | 0.0032 | get 0.0004% / 1h | 52m 38s | $110K | $442K | 5x |
Hotstuff NATGAS-PERP
Extended XNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$8.4
- Price spread: −0.056% → 0.000%
- −$5.62
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$24.02
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 10 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 Extended live order book, 10 min ago | 0.67 bp | 4.6 bp −$5 | 9.6 bp −$96 | 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 26 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 | 2.8385 | −5.431% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.057% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.017% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0017 | +0.007% | $618K | $445K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 2.9998 | −0.056% | $110K | $442K | 5x | |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.017% | — | $378 | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9998 | −0.057% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0064% | 8h | 3.0020 | +0.018% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERPlong | +0.0072% | 1h | 3.0015 | long leg | $35K | — | 20x | |
| tradeXYZ xyz:NATGAS | +0.0089% | 1h | 3.0008 | −0.023% | $5.9M | $5.9M | 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:NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9988 | −0.090% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.050% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.050% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | +0.017% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0221% | 4h | 3.0029 | +0.047% | $98K | $211K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0264% | 4h | 3.0010 | −0.017% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0283% | 4h | 3.0008 | −0.025% | $265K | $73K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0376% | 4h | 3.0010 | −0.017% | $12K | $214K | 25x | as long as short |
| OKX NG-USDT-SWAP | +0.0380% | 8h | 3.0020 | +0.017% | $862K | $1.7M | 50x | as long as short |
| Gate NG_USDT | +0.0413% | 8h | 3.0040 | +0.083% | $1.5M | $208K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0426% / S −0.0364% | 1h | 3.0015 | 0.000% | $92K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0440% | 4h | 3.0010 | −0.016% | $311K | $444K | — | as long as short |
| Binance NATGASUSDT | +0.0500% | 4h | 3.0010 | −0.017% | $10.2M | $28.9M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0509% | 4h | 3.0010 | −0.017% | $85K | $212K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0812% | 4h | 3.0000 | −0.050% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1109% | 1h | 3.0025 | +0.034% | $53K | $36K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
OKX NG-USDT-SWAP
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD