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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1076%/8h= −117.8% APRpaid last 24h −0.318%
Price spread now: Pacifica against Bitget+0.027%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−0.910%−$91 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 pays, funding is against you. Pacifica is 0.027% dearer against Bitget than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.910% in total) that is about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NATGASUSDT2.99100.1176pay 0.0588% / 4h2h 24m$9.9M$4.4M100x
ShortPacifica NATGAS2.99180.0100get 0.0013% / 1h24m 01s$68K$34K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bitget. 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
−$225.96
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$243.29
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: 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 Bitget live order book, 4 min ago1.67 bp10.6 bp −$1123.8 bp −$23859.7 bp −$5,972doesn't fit
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 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%4h2.9941+0.104%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0024%1h2.9920+0.033%$657K$120K20xas long as short
Lighter NATGAS+0.0032%1h2.9945+0.117%$618K$412K10xas long as short
Vest NG-PERP+0.0046%1h2.8310−5.349%$37810xas long as short
Pacifica NATGASshort+0.0100%1h2.9918+0.027%$68K$34K10x
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.033%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9930+0.067%$1.5M$104K10xas long as short
Paradex NG-USD-PERP+0.0205%8h2.9954+0.149%$5K5xas long as short
Gate NG_USDT+0.0314%8h2.9950+0.134%$1.5M$384K100xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XNG-USD+0.0408%1h2.9907−0.010%$112K$1.2M5xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0415% / S −0.0333%1h2.9925+0.050%$93K25xas long as short
Hotstuff NATGAS-PERP+0.0440%1h2.9948+0.127%$35K20xas long as short
OKX NG-USDT-SWAP+0.0463%8h2.9920+0.033%$896K$1.9M50xas long as short
Ondo Perps NATGAS-USD.P+0.0464%1h2.9931+0.070%$84K$69K10xas long as short
BloFin NG-USDT+0.0478%8h2.9920+0.033%$84K$190K20xas long as short
tradeXYZ xyz:NATGAS+0.0536%1h2.9938+0.094%$5.9M$6.8M10xas long as short
KuCoin NATGASUSDTM+0.0548%4h2.9920+0.033%$1.0M$1.2M20xas long as short
HTX NATGAS-USDT+0.0591%4h2.9945+0.117%$98K$220K75xas long as short
GRVT NATGAS_USDT_Perp+0.0668%4h2.9930+0.067%$13K$255K25xas long as short
Aster NATGASUSDT+0.0770%4h2.9940+0.100%$265K$104K50xas long as short
Variational Omni NATGAS+0.0785%4h2.9934+0.080%$310K$491Kas long as short
edgeX NATGASUSDC+0.0834%4h2.9944+0.113%$85K$212K20xas long as short
Binance NATGASUSDT+0.0843%4h2.9925+0.050%$10.1M$33.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1129%1h2.9942+0.108%$52K$55K20xas long as short
Bitget NATGASUSDTlong+0.1176%4h2.9910long leg$9.9M$4.4M100x