Funding you earn now, next payment 12:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.113%
Price spread now: edgeX against Lighter−0.261%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$640.638% of the position
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.261%, 7d avg +0.112%
=Together, before fees−0.202%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.372% cheaper against Lighter than usual: you would sell low and buy high (spread −0.261% now, against its 7-day average of +0.112%). If the spread goes back, that is −$37 on $10k: about 5.9 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.418%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NATGAS | 3.0036 | 0.0032 | pay 0.0004% / 1h | 49m 10s | $647K | $704K | 10x |
| Short | edgeX NATGASUSDC | 2.9958 | 0.0244 | get 0.0122% / 4h | 49m 10s | $85K | $211K | 20x |
Lighter NATGAS
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $44.48
- Price spread: −0.261% → +0.112%
- −$37.24
- Slippage, 4 orders
- −$54.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$56.59
- Costs to cover
- 0.638%
- Break-even
- 15.9 days
Slippage from Lighter: live order book, 49 min ago; edgeX: live order book, 56 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, 49 min ago | 1.83 bp | 3.1 bp −$3 | 19.9 bp −$199 | 96.3 bp −$9,634 | doesn't fit |
| Sell edgeX live order book, 56 min ago | 13.33 bp | 21.1 bp −$21 | 29.9 bp −$299 | 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 | 2.9965 | −0.236% | $36K | $599 | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | 0.0000% | 4h | 2.9960 | −0.254% | $14K | $194K | 25x | as long as short |
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8406 | −5.427% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.087% | $2K | $1.6M | 20x | as long as short |
| HTX NATGAS-USDT | 0.0000% | 4h | 3.0066 | +0.100% | $118K | $220K | 75x | as long as short |
| QFEX NATGAS-USD | +0.0003% | 1h | 3.0020 | −0.053% | $595K | $101K | 20x | as long as short |
| Lighter NATGASlong | +0.0032% | 1h | 3.0036 | long leg | $647K | $704K | 10x | |
| Extended XNG-USD | +0.0032% | 1h | 3.0027 | −0.030% | $123K | $371K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0020 | −0.053% | — | $14K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0030 | −0.020% | $6.0M | $4.9M | 10x | as long as short |
Hotstuff NATGAS-PERP
GRVT NATGAS_USDT_Perp
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
HTX NATGAS-USDT
QFEX NATGAS-USD
Extended XNG-USD
Vest NG-PERP
tradeXYZ xyz:NATGASShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 2.9942 | −0.313% | $84K | $28K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0050% | 8h | 3.0025 | −0.036% | $5K | — | 5x | as long as short |
| Aster NATGASUSDT | +0.0088% | 4h | 3.0035 | −0.003% | $259K | $74K | 50x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0013 | −0.077% | $68K | $39K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0020 | −0.053% | $1.1M | $750K | 20x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 2.9900 | −0.453% | $36K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.120% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.053% | $1.5M | $95K | 10x | as long as short |
| Variational Omni NATGAS | +0.0183% | 4h | 2.9957 | −0.263% | $355K | $419K | — | as long as short |
| Binance NATGASUSDT | +0.0240% | 4h | 3.0032 | −0.014% | $10.0M | $32.7M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0240% | 1h | 3.0041 | +0.016% | $53K | $48K | 20x | as long as short |
| edgeX NATGASUSDCshort | +0.0244% | 4h | 2.9958 | −0.261% | $85K | $211K | 20x | |
| Gate NG_USDT | +0.0322% | 8h | 3.0060 | +0.080% | $1.5M | $158K | 100x | as long as short |
| BloFin NG-USDT | +0.0348% | 8h | 3.0020 | −0.053% | $80K | $202K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0355% | 8h | 3.0010 | −0.087% | $838K | $2.0M | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0403% / S −0.0375% | 1h | 3.0035 | −0.003% | $88K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0796% | 4h | 2.9990 | −0.153% | $10.0M | $2.7M | 100x | as long as short |
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Aster NATGASUSDT
Pacifica NATGAS
KuCoin NATGASUSDTM
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Variational Omni NATGAS
Binance NATGASUSDT
Kraken Futures PF_NATGASUSD
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT