Funding you earn now, next payment 08:00 UTC+0.0862%/8h= +94.3% APRnext payment +$4.31 per $10,000 · paid last 24h +0.212%
Price spread now: Bitget against HTX−0.150%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs+$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+1.150%+$115 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.150%, 7d avg −0.101%
=Funding pays, the price is against you. Bitget is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.101%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0075 | 0.0114 | pay 0.0057% / 4h | 2h 05m | $107K | $211K | 75x |
| Short | Bitget NATGASUSDT | 3.0030 | 0.0976 | get 0.0488% / 4h | 2h 05m | $9.9M | $3.2M | 100x |
HTX NATGAS-USDT
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $180.92
- Price spread: −0.150% → −0.101%
- −$4.9
- Slippage, 4 orders
- −$17.82
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $134.2
- Costs to cover
- 0.418%
- Break-even
- 1.8 days
Slippage from HTX: live order book, 41 min ago; Bitget: live order book, 3 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, 41 min ago | 4.16 bp | 10.2 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.66 bp | 9.9 bp −$10 | 17.4 bp −$174 | 76.5 bp −$7,648 | 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 | 2.8455 | −5.387% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | −0.010% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0061 | −0.047% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0054 | −0.071% | $110K | $333K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | −0.083% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0060 | −0.050% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0089 | +0.047% | $83K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0052% | 1h | 3.0048 | −0.090% | $6.0M | $5.5M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0062% | 8h | 3.0073 | −0.008% | $5K | — | 5x | as long as short |
| Hotstuff NATGAS-PERP | +0.0064% | 1h | 3.0061 | −0.047% | $35K | — | 20x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Hotstuff NATGAS-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0058 | −0.057% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.083% | $37K | $217K | 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 | 3.0050 | −0.083% | $1.5M | $93K | 10x | as long as short |
| HTX NATGAS-USDTlong | +0.0114% | 4h | 3.0075 | long leg | $107K | $211K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0154% | 4h | 3.0061 | −0.046% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0312% | 4h | 3.0050 | −0.083% | $1.0M | $944K | 20x | as long as short |
| Aster NATGASUSDT | +0.0332% | 4h | 3.0082 | +0.024% | $265K | $75K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0530% / S −0.0531% | 1h | 3.0055 | −0.067% | $88K | — | 45x | as long as short |
| Variational Omni NATGAS | +0.0548% | 4h | 3.0060 | −0.051% | $317K | $432K | — | as long as short |
| Binance NATGASUSDT | +0.0572% | 4h | 3.0050 | −0.083% | $10.3M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0599% | 4h | 3.0070 | −0.017% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0615% | 8h | 3.0090 | +0.050% | $1.5M | $196K | 100x | as long as short |
| BloFin NG-USDT | +0.0629% | 8h | 3.0060 | −0.050% | $81K | $195K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0654% | 8h | 3.0060 | −0.050% | $868K | $1.7M | 50x | as long as short |
| Bitget NATGASUSDTshort | +0.0976% | 4h | 3.0030 | −0.150% | $9.9M | $3.2M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0073 | −0.007% | $56K | $35K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Kraken Futures PF_NATGASUSD