Settings8H · net · $10k
Funding arb · Price arb /

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0464%/8h= +50.8% APRnext payment +$0.58 per $10,000 · paid last 24h +0.128%
Price spread now: GMX against ApeX Omni−0.017%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NATGASUSDT3.01000.0100pay 0.0013% / 1h17m 21s$37K$217K50x
ShortGMX NATGAS/USD [ETH-USDC]3.0095L +0.0557% / S −0.0564%get 0.0071% / 1h17m 21s$88K45x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$97.47
Price spread: −0.017% → 0.000%
−$1.66
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$73.81
Costs to cover
0.220%
Break-even
1.7 days
Slippage unknown: ApeX Omni: live order book, 24 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 24 min ago16.64 bp51.5 bp −$52263.5 bp −$2,635doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8476−5.395%as long as short
SunX NATGAS-USDT0.0000%4h3.0112+0.040%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0080−0.066%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0092−0.027%$630K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0076−0.081%$111K$283K5xas long as short
Vest NG-PERP+0.0046%1h3.0090−0.033%$14K10xas long as short
HTX NATGAS-USDT+0.0048%4h3.0106+0.020%$107K$202K75xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0081−0.063%$6.0M$5.4M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0112+0.040%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0054%8h3.0097−0.009%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0074−0.086%$68K$33K10xas long as short
ApeX Omni NATGASUSDTlong+0.0100%1h3.0100long leg$37K$217K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.01000.000%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.01000.000%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0140%4h3.0078−0.072%$22K$211K25xas long as short
Hotstuff NATGAS-PERP+0.0216%1h3.0088−0.040%$35K20xas long as short
KuCoin NATGASUSDTM+0.0234%4h3.0050−0.166%$1.0M$912K20xas long as short
Aster NATGASUSDT+0.0269%4h3.0104+0.014%$265K$68K50xas long as short
Variational Omni NATGAS+0.0493%4h3.0070−0.101%$319K$393Kas long as short
Binance NATGASUSDT+0.0512%4h3.0090−0.033%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0533%4h3.0070−0.101%$85K$213K20xas long as short
GMX NATGAS/USD [ETH-USDC]shortL +0.0557% / S −0.0564%1h3.0095−0.017%$88K45x
Gate NG_USDT+0.0610%8h3.0090−0.033%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0637%8h3.0080−0.066%$83K$198K20xas long as short
OKX NG-USDT-SWAP+0.0652%8h3.0080−0.066%$876K$1.8M50xas long as short
Bitget NATGASUSDT+0.0944%4h3.0060−0.133%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0107+0.023%$56K$36K20xas long as short