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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0327%/8h= −35.8% APRpaid last 24h −0.085%
Price spread now: Pacifica against Binance−0.017%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 7 days−0.125%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · 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: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NATGASUSDT3.00200.0427pay 0.0213% / 4h2h 22m$10.2M$29.1M100x
ShortPacifica NATGAS3.00150.0100get 0.0013% / 1h22m 05s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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
−$68.65
Price spread: −0.017% → 0.000%
−$1.67
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$88.31
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 4 min ago; Pacifica: 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 Binance live order book, 4 min ago1.67 bp6.7 bp −$710.4 bp −$10437.7 bp −$3,768130.3 bp −$65.1K
Sell Pacifica no order-book sample
Pacifica: 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 25 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
Hotstuff NATGAS-PERP−0.0024%1h3.0009−0.037%$35K20xas long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.073%$2K$2.5M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0010−0.033%$658K$86K20xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.033%$37810xas long as short
Lighter NATGAS+0.0048%1h3.0018−0.007%$618K$445K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0007−0.043%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0006−0.047%$82K$27K10xas long as short
Paradex NG-USD-PERP+0.0076%8h3.0023+0.010%$5K5xas long as short
Extended XNG-USD+0.0088%1h2.9997−0.076%$110K$450K5xas long as short
Pacifica NATGASshort+0.0100%1h3.0015−0.017%$68K$33K10x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.067%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.067%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00200.000%$1.5M$95K10xas long as short
KuCoin NATGASUSDTM+0.0158%4h3.00200.000%$1.0M$1.1M20xas long as short
Aster NATGASUSDT+0.0220%4h3.0007−0.042%$265K$73K50xas long as short
HTX NATGAS-USDT+0.0287%4h3.0038+0.060%$98K$212K75xas long as short
Variational Omni NATGAS+0.0357%4h3.00200.000%$311K$444Kas long as short
OKX NG-USDT-SWAP+0.0359%8h3.00200.000%$859K$1.7M50xas long as short
edgeX NATGASUSDC+0.0416%4h3.00200.000%$85K$211K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0421% / S −0.0358%1h3.0025+0.017%$92K45xas long as short
Binance NATGASUSDTlong+0.0427%4h3.0020long leg$10.2M$29.1M100x
GRVT NATGAS_USDT_Perp+0.0434%4h3.0021+0.004%$12K$214K25xas long as short
Gate NG_USDT+0.0446%8h3.0040+0.067%$1.5M$219K100xas long as short
Bitget NATGASUSDT+0.0680%4h2.9990−0.100%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.0825%1h3.0034+0.045%$54K$37K20xas long as short