Funding you earn now, next payment 04:00 UTC+0.0584%/8h= +64.0% APRpaid last 24h +0.112%
Price spread now: edgeX against QFEX+0.002%57s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
Funding, last 4 days (all we have)+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.002%, 7d avg +0.021%
=Together, before fees+0.135%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.150% in total (about 15.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NATGAS-USD | 3.0030 | 0.0022 | pay 0.0003% / 1h | 8m 01s | $669K | $91K | 20x |
| Short | edgeX NATGASUSDC | 3.0030 | 0.0606 | get 0.0303% / 4h | 8m 01s | $85K | $212K | 20x |
QFEX NATGAS-USD
edgeX NATGASUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against QFEX. 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
- $122.67
- Price spread: +0.002% → +0.021%
- −$1.98
- Slippage, 4 orders
- −$52.38
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $49.31
- Costs to cover
- 0.714%
- Break-even
- 4.2 days
Slippage from QFEX: live order book, 27 min ago; edgeX: live order book, 49 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 QFEX live order book, 27 min ago | 3.33 bp | 8.3 bp −$8 | 8.3 bp −$83 | 12.1 bp −$1,210 | doesn't fit |
| Sell edgeX live order book, 49 min ago | 13.34 bp | 21.1 bp −$21 | 28.0 bp −$280 | doesn't fit | doesn't fit |
NATGAS on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0052 | +0.073% | $2K | $2.4M | 20x | as long as short |
| QFEX NATGAS-USDlong | +0.0022% | 1h | 3.0030 | long leg | $669K | $91K | 20x | |
| Lighter NATGAS | +0.0032% | 1h | 3.0026 | −0.013% | $619K | $494K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0017 | −0.043% | $110K | $404K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | 0.000% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0015 | −0.050% | $82K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0053% | 8h | 3.0050 | +0.066% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0065% | 1h | 3.0021 | −0.030% | $6.0M | $5.7M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0014 | −0.053% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.100% | $37K | $216K | 50x | as long as short |
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGAS
ApeX Omni NATGASUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.100% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0030 | 0.000% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0152% | 1h | 3.0033 | +0.010% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0161% | 4h | 3.0055 | +0.083% | $105K | $211K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0306% | 4h | 3.0030 | +0.001% | $25K | $227K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0322% | 4h | 3.0020 | −0.033% | $1.0M | $1.0M | 20x | as long as short |
| Aster NATGASUSDT | +0.0366% | 4h | 3.0020 | −0.033% | $265K | $72K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0459% / S −0.0400% | 1h | 3.0035 | +0.017% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0496% | 8h | 3.0070 | +0.133% | $1.5M | $194K | 100x | as long as short |
| BloFin NG-USDT | +0.0500% | 8h | 3.0040 | +0.033% | $81K | $192K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0516% | 8h | 3.0030 | 0.000% | $861K | $1.7M | 50x | as long as short |
| Variational Omni NATGAS | +0.0574% | 4h | 3.0029 | −0.002% | $317K | $449K | — | as long as short |
| Binance NATGASUSDT | +0.0586% | 4h | 3.0027 | −0.010% | $10.2M | $28.5M | 100x | as long as short |
| edgeX NATGASUSDCshort | +0.0606% | 4h | 3.0030 | +0.002% | $85K | $212K | 20x | |
| Bitget NATGASUSDT | +0.0968% | 4h | 3.0000 | −0.100% | $9.9M | $3.3M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0994% | 1h | 3.0041 | +0.036% | $54K | $33K | 20x | as long as short |
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
BloFin NG-USDT
OKX NG-USDT-SWAP
Variational Omni NATGAS
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD