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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0450%/8h= +49.3% APRpaid last 24h +0.128%
Price spread now: Kraken Futures against Aster+0.007%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 7 days+0.557%+$56 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00440.0405pay 0.0203% / 4h3h 19m$264K$74K50x
ShortKraken Futures PF_NATGASUSD3.00460.0855get 0.0107% / 1h19m 32s$56K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$94.5
Price spread: +0.007% → 0.000%
$0.69
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$77.19
Costs to cover
0.180%
Break-even
1.3 days
Slippage unknown: Aster: live order book, 32 min ago; Kraken Futures: 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 Aster live order book, 32 min ago6.65 bp41.8 bp −$42238.1 bp −$2,381doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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%4h3.0051+0.024%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020−0.080%$669K$91K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0016−0.093%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0013−0.103%$627K$502K10xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.113%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0019−0.083%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0038−0.021%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0089%1h3.0016−0.093%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0000−0.146%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.187%$37K$218K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.146%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.046%$1.5M$93K10xas long as short
Extended XNG-USD+0.0152%1h3.0003−0.137%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0364%4h3.0020−0.080%$1.0M$992K20xas long as short
Aster NATGASUSDTlong+0.0405%4h3.0044long leg$264K$74K50x
GRVT NATGAS_USDT_Perp+0.0460%4h3.0020−0.080%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0484% / S −0.0427%1h3.0035−0.030%$92K45xas long as short
HTX NATGAS-USDT+0.0516%4h3.0074+0.100%$107K$211K75xas long as short
Gate NG_USDT+0.0547%8h3.0060+0.054%$1.5M$193K100xas long as short
BloFin NG-USDT+0.0579%8h3.0030−0.046%$82K$194K20xas long as short
OKX NG-USDT-SWAP+0.0588%8h3.0030−0.046%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0612%4h3.0030−0.047%$317K$439Kas long as short
Binance NATGASUSDT+0.0636%4h3.0035−0.028%$10.3M$28.3M100xas long as short
edgeX NATGASUSDC+0.0639%4h3.0030−0.047%$85K$213K20xas long as short
Kraken Futures PF_NATGASUSDshort+0.0855%1h3.0046+0.007%$56K$35K20x
Bitget NATGASUSDT+0.1008%4h3.0000−0.146%$9.9M$3.2M100xas long as short