Funding you earn now, next payment 01:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.061%
Price spread now: ApeX Omni against OKX−0.067%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 3 days (all we have)+0.105%+$10 · spread now −0.067%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.106% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NG-USDT-SWAP | 3.0020 | 0.0274 | pay 0.0274% / 8h | 6h 58m | $865K | $1.7M | 50x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 58m 59s | $37K | $217K | 50x |
OKX NG-USDT-SWAP
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- −$36.54
- Price spread: −0.067% → +0.040%
- −$10.63
- Slippage, 4 orders
- −$108.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$175.21
- Costs to cover
- 1.280%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 7 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 OKX live order book, 3 min ago | 1.66 bp | 9.9 bp −$10 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 7 min ago | 16.64 bp | 56.4 bp −$56 | 275.9 bp −$2,759 | 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 | −5.410% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.140% | $2K | $2.6M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0015% | 1h | 3.0030 | +0.033% | $659K | $85K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0036 | +0.053% | $617K | $424K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0009 | −0.037% | $110K | $451K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | +0.033% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0021 | +0.003% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0015 | −0.017% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0047 | +0.090% | $84K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0037 | +0.057% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
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 | 3.0028 | +0.028% | $68K | $33K | 10x | as long as short |
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0010 | −0.033% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.067% | $37K | $217K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.067% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.033% | $1.5M | $94K | 10x | as long as short |
| Aster NATGASUSDT | +0.0113% | 4h | 3.0030 | +0.033% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0209% | 4h | 3.0063 | +0.143% | $98K | $211K | 75x | as long as short |
| Variational Omni NATGAS | +0.0215% | 4h | 3.0030 | +0.032% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0242% | 8h | 2.9990 | −0.100% | $81K | $189K | 20x | as long as short |
| OKX NG-USDT-SWAPlong | +0.0274% | 8h | 3.0020 | long leg | $865K | $1.7M | 50x | |
| Binance NATGASUSDT | +0.0298% | 4h | 3.0026 | +0.019% | $10.1M | $29.2M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0304% | 4h | 3.0030 | +0.033% | $85K | $213K | 20x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0338% | 4h | 3.0024 | +0.012% | $25K | $200K | 25x | as long as short |
| Gate NG_USDT | +0.0393% | 8h | 3.0050 | +0.100% | $1.5M | $217K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0415% / S −0.0351% | 1h | 3.0045 | +0.083% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0436% | 4h | 2.9990 | −0.100% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0055 | +0.116% | $52K | $36K | 20x | as long as short |
Pacifica NATGAS
KuCoin NATGASUSDTM
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
Binance NATGASUSDT
edgeX NATGASUSDC
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD