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−0.0376%/8h= −41.2% APRnext payment $1.88 per $10,000 · paid last 24h −0.094%
Price spread now: HTX against edgeX+0.056%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.329%−$33 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.056%, 7d avg +0.048%
Together, before fees−0.347%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX NATGASUSDC2.99990.0617pay 0.0309% / 4h1h 02m$85K$213K20x
ShortHTX NATGAS-USDT3.00160.0241get 0.0121% / 4h1h 02m$105K$216K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$79.05
Price spread: +0.056% → +0.048%
$0.8
Slippage, 4 orders
−$54.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$153.43
Costs to cover
0.752%
Break-even
never at this rate
Slippage from edgeX: live order book, 59 min ago; HTX: live order book, 59 min ago.

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, 59 min ago13.34 bp33.4 bp −$3342.3 bp −$423doesn't fitdoesn't fit
Sell HTX live order book, 59 min ago4.16 bp10.5 bp −$1019.4 bp −$194doesn't fitdoesn't fit

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%4h3.0031+0.106%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h3.0000+0.003%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9997−0.007%$618K$495K10xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0008+0.030%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0000+0.003%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0028+0.096%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0060%8h3.0016+0.057%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0093%1h3.0008+0.030%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9979−0.068%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.003%$37K$215K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.003%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0000+0.003%$1.5M$95K10xas long as short
Extended XNG-USD+0.0128%1h2.9991−0.027%$110K$445K5xas long as short
HTX NATGAS-USDTshort+0.0241%4h3.0016+0.056%$105K$216K75x
GRVT NATGAS_USDT_Perp+0.0384%4h2.9997−0.008%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0386%4h2.9990−0.030%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0408%4h3.0001+0.006%$265K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0442% / S −0.0381%1h3.0015+0.053%$92K45xas long as short
Gate NG_USDT+0.0458%8h3.0040+0.136%$1.5M$211K100xas long as short
BloFin NG-USDT+0.0475%8h2.9990−0.030%$80K$188K20xas long as short
OKX NG-USDT-SWAP+0.0478%8h3.0000+0.003%$852K$1.7M50xas long as short
Variational Omni NATGAS+0.0586%4h2.99990.000%$311K$444Kas long as short
edgeX NATGASUSDClong+0.0617%4h2.9999long leg$85K$213K20x
Binance NATGASUSDT+0.0621%4h3.0013+0.046%$10.2M$28.9M100xas long as short
Bitget NATGASUSDT+0.0994%4h2.9980−0.064%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1110%1h3.0015+0.054%$53K$34K20xas long as short