Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.020%48s7-day average +0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days−0.613%−$61 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.020%, 7d avg +0.117%
=Together, before fees−0.662%+ Points / potential airdropLighter: Season 3 · farm board−$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.137% cheaper against Lighter than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.117%). If the spread goes back, that is −$14 on $10k: about 6.7 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.613%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0006 | 0.0032 | pay 0.0004% / 1h | 38m 39s | $626K | $501K | 10x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 38m 39s | $37K | $217K | 50x |
Lighter NATGAS
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- $14.28
- Price spread: −0.020% → +0.117%
- −$13.67
- Slippage, 4 orders
- −$107.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$116.98
- Costs to cover
- 1.176%
- Break-even
- 64.3 days
Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 12 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 Lighter live order book, 7 min ago | 0.67 bp | 0.7 bp −$1 | 19.1 bp −$191 | 94.2 bp −$9,422 | doesn't fit |
| Sell ApeX Omni live order book, 12 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 | 2.8396 | −5.366% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0032 | +0.087% | $2K | $2.4M | 20x | as long as short |
| Hotstuff NATGAS-PERP | +0.0008% | 1h | 3.0007 | +0.003% | $35K | — | 20x | as long as short |
| QFEX NATGAS-USD | +0.0009% | 1h | 3.0010 | +0.013% | $668K | $91K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0006 | long leg | $626K | $501K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.027% | $110K | $395K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | +0.013% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9999 | −0.023% | $82K | $26K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0056% | 1h | 3.0006 | 0.000% | $6.0M | $5.7M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0074% | 8h | 3.0022 | +0.055% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 2.9989 | −0.057% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.020% | $37K | $217K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.020% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0010 | +0.013% | $1.5M | $93K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0326% | 4h | 3.0010 | +0.013% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0374% | 4h | 3.0038 | +0.107% | $263K | $74K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0386% | 4h | 3.0055 | +0.163% | $107K | $213K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0468% | 4h | 3.0020 | +0.047% | $12K | $230K | 25x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0472% / S −0.0414% | 1h | 3.0015 | +0.030% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0530% | 8h | 3.0050 | +0.147% | $1.5M | $192K | 100x | as long as short |
| BloFin NG-USDT | +0.0538% | 8h | 3.0020 | +0.047% | $81K | $193K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0558% | 8h | 3.0010 | +0.013% | $863K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0576% | 4h | 3.0020 | +0.046% | $316K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0597% | 4h | 3.0021 | +0.049% | $10.2M | $28.4M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0600% | 4h | 3.0010 | +0.013% | $85K | $212K | 20x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0856% | 1h | 3.0032 | +0.086% | $55K | $35K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0976% | 4h | 2.9990 | −0.053% | $9.9M | $3.2M | 100x | as long as short |
Pacifica NATGAS
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
HTX NATGAS-USDT
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