Funding you earn now, next payment 05:00 UTC−0.0367%/8h= −40.2% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against HTX−0.246%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1321.324% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.246%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.188% cheaper against HTX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.058%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0074 | 0.0467 | pay 0.0234% / 4h | 3h 02m | $107K | $212K | 75x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 2m 59s | $37K | $218K | 50x |
HTX NATGAS-USDT
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against HTX. 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
- −$77.16
- Price spread: −0.246% → −0.058%
- −$18.85
- Slippage, 4 orders
- −$110.45
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$228.46
- Costs to cover
- 1.324%
- Break-even
- never at this rate
Slippage from HTX: live order book, 48 min ago; ApeX Omni: live order book, 48 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 HTX live order book, 48 min ago | 1.50 bp | 7.5 bp −$7 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 48 min ago | 16.64 bp | 52.0 bp −$52 | 272.2 bp −$2,722 | 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 | 2.8441 | −5.430% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | −0.007% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0040 | −0.113% | $659K | $96K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0045 | −0.096% | $629K | $503K | 10x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | −0.080% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0080 | +0.020% | $83K | $26K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0072% | 1h | 3.0051 | −0.076% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0094% | 1h | 3.0050 | −0.080% | $6.0M | $5.6M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0095% | 8h | 3.0066 | −0.027% | $5K | — | 5x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0040 | −0.113% | $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 NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.246% | $37K | $218K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.246% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0060 | −0.047% | $1.5M | $93K | 10x | as long as short |
| Extended XNG-USD | +0.0200% | 1h | 3.0038 | −0.119% | $110K | $364K | 5x | as long as short |
| KuCoin NATGASUSDTM | +0.0364% | 4h | 3.0040 | −0.113% | $1.0M | $982K | 20x | as long as short |
| Aster NATGASUSDT | +0.0431% | 4h | 3.0060 | −0.047% | $264K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0438% | 4h | 3.0041 | −0.111% | $13K | $223K | 25x | as long as short |
| HTX NATGAS-USDTlong | +0.0467% | 4h | 3.0074 | long leg | $107K | $212K | 75x | |
| GMX NATGAS/USD [ETH-USDC] | L +0.0498% / S −0.0442% | 1h | 3.0055 | −0.063% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0557% | 8h | 3.0090 | +0.053% | $1.5M | $193K | 100x | as long as short |
| BloFin NG-USDT | +0.0593% | 8h | 3.0060 | −0.047% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0614% | 8h | 3.0050 | −0.080% | $868K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0642% | 4h | 3.0060 | −0.047% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0665% | 4h | 3.0055 | −0.064% | $10.3M | $28.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0668% | 4h | 3.0052 | −0.073% | $85K | $213K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0855% | 1h | 3.0068 | −0.020% | $56K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.1036% | 4h | 3.0020 | −0.180% | $9.9M | $3.2M | 100x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Extended XNG-USD
KuCoin NATGASUSDTM
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Kraken Futures PF_NATGASUSD
Bitget NATGASUSDT