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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0338%/8h= −37.0% APRpaid last 24h −0.073%
Price spread now: Hotstuff against BloFin−0.013%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NG-USDT3.00700.0522pay 0.0522% / 8h4h 16m$81K$192K20x
ShortHotstuff NATGAS-PERP3.00660.0184get 0.0023% / 1h16m 50s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against BloFin. 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
−$70.95
Price spread: −0.013% → 0.000%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$89.28
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 13 min ago; Hotstuff: 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 BloFin live order book, 13 min ago1.66 bp7.7 bp −$814.8 bp −$14875.2 bp −$7,521doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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%1h2.8484−5.274%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.040%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0060−0.033%$670K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0071+0.003%$620K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0056−0.048%$110K$411K5xas long as short
Vest NG-PERP+0.0046%1h3.00700.000%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0051−0.063%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0054%8h3.0078+0.027%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0087%1h3.0060−0.033%$6.0M$5.8M10xas long as short
Pacifica NATGAS+0.0100%1h3.0053−0.057%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.233%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060−0.033%$1.5M$94K10xas long as short
HTX NATGAS-USDT+0.0179%4h3.0084+0.047%$105K$211K75xas long as short
Hotstuff NATGAS-PERPshort+0.0184%1h3.0066−0.013%$35K20x
GRVT NATGAS_USDT_Perp+0.0334%4h3.0064−0.021%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0340%4h3.0050−0.067%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0396%4h3.0061−0.031%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0457% / S −0.0397%1h3.0065−0.017%$92K45xas long as short
Gate NG_USDT+0.0486%8h3.0090+0.067%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0505%8h3.0050−0.067%$860K$1.7M50xas long as short
BloFin NG-USDTlong+0.0522%8h3.0070long leg$81K$192K20x
Variational Omni NATGAS+0.0600%4h3.0059−0.035%$317K$449Kas long as short
Binance NATGASUSDT+0.0612%4h3.0060−0.033%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0640%4h3.0061−0.030%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0990%4h3.0040−0.100%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0074+0.014%$54K$33K20xas long as short