Funding you earn now, next payment 02:00 UTC−0.0237%/8h= −26.0% APRpaid last 24h −0.004%
Price spread now: Hotstuff against HTX−0.106%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Hotstuff is 0.106% cheaper against HTX than usual: you would sell low and buy high (−$11 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 | HTX NATGAS-USDT | 3.0052 | 0.0237 | pay 0.0119% / 4h | 2h 39m | $98K | $212K | 75x |
| Short | Hotstuff NATGAS-PERP | 3.0020 | 0 | get 0.0000% / 1h | 39m 49s | $35K | — | 20x |
HTX NATGAS-USDT
Hotstuff NATGAS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$49.83
- Price spread: −0.106% → 0.000%
- −$10.65
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$77.48
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 27 min ago; Hotstuff: no order-book sample. 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 HTX live order book, 27 min ago | 3.16 bp | 9.2 bp −$9 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERPshort | 0.0000% | 1h | 3.0020 | −0.106% | $35K | — | 20x | |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8405 | −5.481% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.033% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | −0.073% | $659K | $86K | 20x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0019 | −0.110% | $110K | $450K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.073% | — | $378 | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0025 | −0.090% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0022 | −0.100% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0058% | 8h | 3.0038 | −0.047% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0096% | 1h | 3.0041 | −0.037% | $618K | $444K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0027 | −0.082% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0030 | −0.073% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.173% | $37K | $217K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.173% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | −0.073% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0161% | 4h | 3.0030 | −0.073% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDTlong | +0.0237% | 4h | 3.0052 | long leg | $98K | $212K | 75x | |
| Variational Omni NATGAS | +0.0284% | 4h | 3.0030 | −0.072% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.240% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0319% | 8h | 3.0020 | −0.106% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0349% | 4h | 3.0030 | −0.073% | $85K | $211K | 20x | as long as short |
| Binance NATGASUSDT | +0.0358% | 4h | 3.0040 | −0.040% | $10.2M | $29.1M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0390% | 4h | 3.0022 | −0.098% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0400% | 8h | 3.0050 | −0.007% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0355% | 1h | 3.0045 | −0.023% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0572% | 4h | 3.0010 | −0.140% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0064 | +0.039% | $54K | $37K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD