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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.014%
Price spread now: Paradex against ApeX Omni+0.122%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.122% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NATGASUSDT3.00000.0100pay 0.0013% / 1h24m 41s$37K$216K50x
ShortParadex NG-USD-PERP3.00370.0055get 0.0055% / 8h7h 24m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$9.38
Price spread: +0.122% → 0.000%
$12.2
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$11.18
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 46 min ago; Paradex: 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, 46 min ago16.69 bp51.8 bp −$52261.5 bp −$2,615doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h2.8391−5.363%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.173%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0030+0.100%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0044+0.147%$618K$414K10xas long as short
Extended XNG-USD+0.0032%1h3.0024+0.081%$112K$452K5xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.100%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0026+0.087%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0046+0.153%$84K$26K10xas long as short
Paradex NG-USD-PERPshort+0.0055%8h3.0037+0.122%$5K5x
Aster NATGASUSDT+0.0080%4h3.0030+0.100%$266K$73K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0012+0.040%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0020+0.067%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDTlong+0.0100%1h3.0000long leg$37K$216K50x
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.00000.000%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040+0.133%$1.5M$95K10xas long as short
Variational Omni NATGAS+0.0154%4h3.0030+0.100%$312K$443Kas long as short
Hotstuff NATGAS-PERP+0.0160%1h3.0022+0.073%$35K20xas long as short
OKX NG-USDT-SWAP+0.0216%8h3.0020+0.067%$863K$1.7M50xas long as short
BloFin NG-USDT+0.0222%8h2.9990−0.033%$80K$189K20xas long as short
HTX NATGAS-USDT+0.0222%4h3.0059+0.197%$98K$211K75xas long as short
Binance NATGASUSDT+0.0246%4h3.0040+0.133%$10.1M$29.5M100xas long as short
edgeX NATGASUSDC+0.0255%4h3.0020+0.068%$85K$211K20xas long as short
Bitget NATGASUSDT+0.0322%4h3.0010+0.033%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0020+0.067%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0409% / S −0.0345%1h3.0045+0.150%$92K45xas long as short
Gate NG_USDT+0.0496%8h3.0050+0.167%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1000%1h3.0046+0.154%$52K$36K20xas long as short