Funding you earn now, next payment 12:00 UTC+0.0329%/8h= +36.0% APRpaid last 24h +0.077%
Price spread now: BloFin against HTX−0.067%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days+0.457%+$46 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.067%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.025% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0040 | 0 | get 0.0000% / 4h | 1h 44m | $118K | $220K | 75x |
| Short | BloFin NG-USDT | 3.0020 | 0.0329 | get 0.0329% / 8h | 5h 44m | $80K | $202K | 20x |
HTX NATGAS-USDT
BloFin NG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $69.12
- Price spread: −0.067% → −0.092%
- $2.52
- Slippage, 4 orders
- −$18.59
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $29.06
- Costs to cover
- 0.426%
- Break-even
- 4.1 days
Slippage from HTX: live order book, 64 min ago; BloFin: live order book, 60 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, 64 min ago | 4.17 bp | 10.2 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 1.67 bp | 7.7 bp −$8 | 13.5 bp −$135 | doesn't fit | doesn't fit |
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-PERP | −0.1600% | 1h | 3.0022 | −0.060% | $35K | — | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | −0.0077% | 1h | 3.0020 | −0.068% | $54K | $46K | 20x | as long as short |
| QFEX NATGAS-USD | −0.0004% | 1h | 3.0020 | −0.067% | $661K | $99K | 20x | as long as short |
| Aster NATGASUSDT | 0.0000% | 4h | 3.0000 | −0.133% | $258K | $74K | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 3.0034 | −0.021% | $19K | $200K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8355 | −5.609% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0042 | +0.007% | $2K | $1.7M | 20x | as long as short |
| HTX NATGAS-USDTlong | 0.0000% | 4h | 3.0040 | long leg | $118K | $220K | 75x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0016 | −0.080% | $649K | $793K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0014 | −0.087% | $122K | $368K | 5x | as long as short |
Hotstuff NATGAS-PERP
Kraken Futures PF_NATGASUSD
QFEX NATGAS-USD
Aster NATGASUSDT
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX 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 | −0.033% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0014 | −0.087% | $6.0M | $4.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0013 | −0.090% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0051% | 8h | 3.0025 | −0.049% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0088% | 4h | 3.0027 | −0.042% | $356K | $426K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9996 | −0.145% | $68K | $39K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0100 | +0.200% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.133% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.067% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0130% | 4h | 3.0000 | −0.133% | $1.1M | $798K | 20x | as long as short |
| Binance NATGASUSDT | +0.0167% | 4h | 3.0020 | −0.067% | $10.0M | $32.6M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0177% | 4h | 3.0026 | −0.046% | $85K | $212K | 20x | as long as short |
| Gate NG_USDT | +0.0268% | 8h | 3.0050 | +0.033% | $1.5M | $200K | 100x | as long as short |
| BloFin NG-USDTshort | +0.0329% | 8h | 3.0020 | −0.067% | $80K | $202K | 20x | |
| OKX NG-USDT-SWAP | +0.0349% | 8h | 3.0010 | −0.100% | $833K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0493% / S −0.0486% | 1h | 3.0025 | −0.050% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0708% | 4h | 3.0000 | −0.133% | $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