Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.9% APRpaid last 24h −0.004%
Price spread now: Extended against HTX−0.119%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.119%, 7d avg −0.058%
=Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.061% cheaper against HTX than usual: you would sell low and buy high (−$6 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 +0.202%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NATGAS-USDT | 3.0002 | 0.0268 | pay 0.0134% / 4h | 3h 47m | $98K | $211K | 75x |
| Short | Extended XNG-USD | 2.9966 | 0.0032 | get 0.0004% / 1h | 47m 54s | $110K | $451K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$49.63
- Price spread: −0.119% → −0.058%
- −$6.08
- Slippage, 4 orders
- −$11.33
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$84.05
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from HTX: live order book, 23 min ago; Extended: live order book, 25 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, 23 min ago | 0.17 bp | 6.2 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Extended live order book, 25 min ago | 0.17 bp | 3.3 bp −$3 | 7.1 bp −$71 | 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 | 2.8336 | −5.553% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0002 | 0.000% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 2.9970 | −0.107% | $658K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 2.9992 | −0.033% | $616K | $412K | 10x | as long as short |
| Extended XNG-USDshort | +0.0032% | 1h | 2.9966 | −0.119% | $110K | $451K | 5x | |
| Hotstuff NATGAS-PERP | +0.0032% | 1h | 2.9970 | −0.107% | $35K | — | 20x | as long as short |
| Aster NATGASUSDT | +0.0041% | 4h | 2.9960 | −0.140% | $265K | $73K | 50x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 2.9970 | −0.107% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 2.9970 | −0.107% | $5.9M | $6.0M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0001 | −0.003% | $84K | $36K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex NG-USD-PERP | +0.0059% | 8h | 2.9988 | −0.046% | $5K | — | 5x | as long as short |
| Variational Omni NATGAS | +0.0074% | 4h | 2.9980 | −0.072% | $311K | $443K | — | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 2.9975 | −0.090% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 2.9970 | −0.107% | $1.0M | $1.2M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.340% | $36K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.007% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 2.9980 | −0.073% | $1.5M | $95K | 10x | as long as short |
| BloFin NG-USDT | +0.0127% | 8h | 2.9980 | −0.073% | $80K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0159% | 8h | 2.9970 | −0.107% | $857K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0179% | 4h | 2.9978 | −0.080% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0190% | 4h | 2.9985 | −0.055% | $10.1M | $29.5M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0226% | 4h | 2.9950 | −0.173% | $10.0M | $3.5M | 100x | as long as short |
| HTX NATGAS-USDTlong | +0.0268% | 4h | 3.0002 | long leg | $98K | $211K | 75x | |
| GRVT NATGAS_USDT_Perp | +0.0296% | 4h | 2.9972 | −0.099% | $25K | $214K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0406% / S −0.0333% | 1h | 2.9985 | −0.057% | $93K | — | 45x | as long as short |
| Gate NG_USDT | +0.0437% | 8h | 3.0000 | −0.007% | $1.5M | $254K | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.1002% | 1h | 2.9990 | −0.038% | $52K | $39K | 20x | as long as short |
HTX NATGAS-USDT
Extended XNG-USD
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Aster NATGASUSDT
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERP
Variational Omni NATGAS
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Phemex NGUSDT
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
GRVT NATGAS_USDT_Perp
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Kraken Futures PF_NATGASUSD