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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni−0.332%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.332% cheaper against ApeX Omni than usual: you would sell low and buy high, −$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NATGASUSDT3.01000.0100pay 0.0013% / 1h19m 14s$37K$218K50x
ShortOrderly PERP_NATGAS_USDC_mythos3.00000.0100get 0.0100% / 8h3h 19m$3K$54410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: −0.332% → 0.000%
−$33.22
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$49.22
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 32 min ago; Orderly: 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, 32 min ago16.64 bp59.9 bp −$60271.8 bp −$2,718doesn't fitdoesn't fit
Sell Orderly no order-book sample
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 26 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
SunX NATGAS-USDT0.0000%4h3.0052−0.159%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020−0.266%$669K$91K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0016−0.279%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0017−0.276%$628K$502K10xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.299%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0019−0.269%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0038−0.207%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0016−0.279%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0000−0.332%$68K$33K10xas long as short
ApeX Omni NATGASUSDTlong+0.0100%1h3.0100long leg$37K$218K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythosshort+0.0100%8h3.0000−0.332%$3K$54410x
Phemex NGUSDT+0.0100%4h3.0030−0.233%$1.5M$93K10xas long as short
Extended XNG-USD+0.0160%1h3.0003−0.323%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0364%4h3.0020−0.266%$1.0M$991K20xas long as short
Aster NATGASUSDT+0.0405%4h3.0056−0.147%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0460%4h3.0020−0.266%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0485% / S −0.0428%1h3.0035−0.216%$92K45xas long as short
HTX NATGAS-USDT+0.0527%4h3.0074−0.086%$107K$211K75xas long as short
Gate NG_USDT+0.0547%8h3.0060−0.133%$1.5M$193K100xas long as short
OKX NG-USDT-SWAP+0.0588%8h3.0030−0.233%$867K$1.7M50xas long as short
BloFin NG-USDT+0.0600%8h3.0020−0.266%$81K$194K20xas long as short
Variational Omni NATGAS+0.0612%4h3.0030−0.233%$317K$439Kas long as short
Binance NATGASUSDT+0.0636%4h3.0040−0.199%$10.3M$28.2M100xas long as short
edgeX NATGASUSDC+0.0639%4h3.0030−0.233%$85K$213K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0046−0.179%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1008%4h3.0010−0.299%$9.9M$3.2M100xas long as short