Funding you earn now, next payment 08:00 UTC+0.0420%/8h= +46.0% APRnext payment +$4.20 per $10,000 · paid last 24h +0.061%
Price spread now: BloFin against Orderly+0.133%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.133% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | pay 0.0100% / 8h | 4h 11m | $3K | $544 | 10x |
| Short | BloFin NG-USDT | 3.0040 | 0.0520 | get 0.0520% / 8h | 4h 11m | $81K | $192K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $88.27
- Price spread: +0.133% → 0.000%
- $13.33
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $83.6
- Costs to cover
- 0.180%
- Break-even
- 0.4 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 19 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 19 min ago | 1.66 bp | 10.2 bp −$10 | 16.0 bp −$160 | 71.3 bp −$7,129 | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8466 | −5.113% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0062 | +0.207% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USD | +0.0022% | 1h | 3.0030 | +0.100% | $669K | $91K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0042 | +0.140% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0028 | +0.092% | $110K | $405K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.167% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0030 | +0.100% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0054% | 8h | 3.0049 | +0.163% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0075% | 1h | 3.0035 | +0.117% | $6.0M | $5.8M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0023 | +0.077% | $68K | $33K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $215K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythoslong | +0.0100% | 8h | 3.0000 | long leg | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | +0.100% | $1.5M | $94K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0144% | 1h | 3.0045 | +0.150% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0166% | 4h | 3.0048 | +0.160% | $105K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0318% | 4h | 3.0058 | +0.194% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0030 | +0.100% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0376% | 4h | 3.0037 | +0.124% | $266K | $73K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0458% / S −0.0399% | 1h | 3.0035 | +0.117% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0491% | 8h | 3.0070 | +0.233% | $1.5M | $194K | 100x | as long as short |
| OKX NG-USDT-SWAP | +0.0512% | 8h | 3.0040 | +0.133% | $860K | $1.7M | 50x | as long as short |
| BloFin NG-USDTshort | +0.0520% | 8h | 3.0040 | +0.133% | $81K | $192K | 20x | |
| Variational Omni NATGAS | +0.0587% | 4h | 3.0050 | +0.166% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0593% | 4h | 3.0030 | +0.100% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0622% | 4h | 3.0050 | +0.167% | $85K | $213K | 20x | as long as short |
| Bitget NATGASUSDT | +0.0968% | 4h | 3.0000 | 0.000% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0049 | +0.165% | $54K | $33K | 20x | as long as short |
BloFin NG-USDT
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDT
Phemex NGUSDT
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD