Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.206%47s7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as 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−$1561.558% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)+0.143%+$14 · spread now −0.206%, 7d avg −0.064%
=Funding pays, the price is against you. ApeX Omni is 0.142% cheaper against SunX than usual: you would sell low and buy high (spread −0.206% now, against its 7-day average of −0.064%). If the spread goes back, that is −$14 on $10k: about 4.7 days of funding at the current rate (+$3 a day). The two prices were read 47 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 | SunX NATGAS-USDT | 3.0062 | 0 | get 0.0000% / 4h | 2h 37m | $2K | $2.6M | 20x |
| Short | ApeX Omni NATGASUSDT | 3.0000 | 0.0100 | get 0.0013% / 1h | 37m 28s | $37K | $217K | 50x |
SunX NATGAS-USDT
ApeX Omni NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against SunX. 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
- $21
- Price spread: −0.206% → −0.064%
- −$14.22
- Slippage, 4 orders
- −$137.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$149.06
- Costs to cover
- 1.558%
- Break-even
- 56.7 days
Slippage from SunX: live order book, 10 min ago; ApeX Omni: live order book, 29 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 SunX live order book, 10 min ago | 14.97 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 29 min ago | 16.64 bp | 56.4 bp −$56 | 275.9 bp −$2,759 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NATGAS-PERP | −0.0024% | 1h | 3.0027 | −0.116% | $35K | — | 20x | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0062 | long leg | $2K | $2.6M | 20x | |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0030 | −0.106% | $659K | $86K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0030 | −0.106% | — | $378 | 10x | as long as short |
| Extended XNG-USD | +0.0048% | 1h | 3.0017 | −0.150% | $110K | $450K | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0050% | 1h | 3.0028 | −0.113% | $5.9M | $5.9M | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0022 | −0.133% | $82K | $27K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0063% | 8h | 3.0063 | +0.003% | $5K | — | 5x | as long as short |
| Lighter NATGAS | +0.0088% | 1h | 3.0039 | −0.077% | $618K | $444K | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0030 | −0.106% | $68K | $33K | 10x | as long as short |
Hotstuff NATGAS-PERP
QFEX NATGAS-USD
Vest NG-PERP
Extended XNG-USD
tradeXYZ xyz:NATGAS
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
Lighter NATGAS
Pacifica NATGASShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NATGASUSDTM | +0.0100% | 4h | 3.0030 | −0.106% | $1.0M | $1.1M | 20x | as long as short |
| ApeX Omni NATGASUSDTshort | +0.0100% | 1h | 3.0000 | −0.206% | $37K | $217K | 50x | |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.206% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | −0.073% | $1.5M | $95K | 10x | as long as short |
| Aster NATGASUSDT | +0.0171% | 4h | 3.0030 | −0.106% | $266K | $73K | 50x | as long as short |
| HTX NATGAS-USDT | +0.0246% | 4h | 3.0059 | −0.010% | $98K | $213K | 75x | as long as short |
| Variational Omni NATGAS | +0.0284% | 4h | 3.0030 | −0.105% | $312K | $443K | — | as long as short |
| BloFin NG-USDT | +0.0307% | 8h | 2.9980 | −0.273% | $81K | $188K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0326% | 8h | 3.0020 | −0.140% | $868K | $1.7M | 50x | as long as short |
| edgeX NATGASUSDC | +0.0364% | 4h | 3.0040 | −0.073% | $85K | $212K | 20x | as long as short |
| Binance NATGASUSDT | +0.0375% | 4h | 3.0040 | −0.073% | $10.1M | $29.0M | 100x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0406% | 4h | 3.0040 | −0.074% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0414% | 8h | 3.0060 | −0.007% | $1.5M | $218K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0419% / S −0.0356% | 1h | 3.0045 | −0.057% | $92K | — | 45x | as long as short |
| Bitget NATGASUSDT | +0.0594% | 4h | 3.0010 | −0.173% | $9.9M | $3.5M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0824% | 1h | 3.0065 | +0.011% | $54K | $37K | 20x | as long as short |
KuCoin NATGASUSDTM
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
Aster NATGASUSDT
HTX NATGAS-USDT
Variational Omni NATGAS
BloFin NG-USDT
OKX NG-USDT-SWAP
edgeX NATGASUSDC
Binance NATGASUSDT
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD