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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.131%
Price spread now: gTrade (Gains Network) against edgeX−5.469%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and gTrade (Gains Network) is 5.469% cheaper against edgeX than usual: you would sell low and buy high (−$547 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NATGASUSDC3.00370.0387pay 0.0193% / 4h4m 52s$85K$212K20x
ShortgTrade (Gains Network) NATGAS/USD2.8394L 0.0000% / S 0.0000%pay 0.0000% / 1h4m 52s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against edgeX. 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
−$81.24
Price spread: −5.469% → 0.000%
−$546.9
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$647.14
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 32 min ago; gTrade (Gains Network): 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 edgeX live order book, 32 min ago13.31 bp33.6 bp −$3443.3 bp −$433doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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/USDshortL 0.0000% / S 0.0000%1h2.8394−5.469%
SunX NATGAS-USDT0.0000%4h3.0052+0.051%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0049+0.041%$119K$221K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0030−0.022%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0037+0.001%$631K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0006−0.102%$109K$271K5xas long as short
GRVT NATGAS_USDT_Perp+0.0042%4h3.0020−0.056%$18K$229K25xas long as short
Vest NG-PERP+0.0046%1h3.0030−0.022%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0020−0.056%$6.0M$5.3M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0015−0.072%$82K$26K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0051%8h3.0045+0.027%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0096%1h3.0034−0.009%$35K20xas long as short
Pacifica NATGAS+0.0100%1h3.0014−0.076%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.211%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.122%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.022%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0140%4h3.0010−0.089%$1.0M$864K20xas long as short
Aster NATGASUSDT+0.0147%4h3.0040+0.011%$264K$69K50xas long as short
Variational Omni NATGAS+0.0339%4h3.0031−0.019%$318K$390Kas long as short
Binance NATGASUSDT+0.0362%4h3.0020−0.056%$10.4M$28.6M100xas long as short
edgeX NATGASUSDClong+0.0387%4h3.0037long leg$85K$212K20x
BloFin NG-USDT+0.0530%8h3.0010−0.089%$76K$198K20xas long as short
OKX NG-USDT-SWAP+0.0549%8h3.0010−0.089%$802K$1.9M50xas long as short
Gate NG_USDT+0.0569%8h3.0050+0.044%$1.5M$197K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0585% / S −0.0599%1h3.0035−0.006%$88K45xas long as short
Bitget NATGASUSDT+0.0826%4h3.0000−0.122%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0861%1h3.0050+0.045%$56K$35K20xas long as short