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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0784%/8h= +85.8% APRpaid last 24h +0.207%
Price spread now: Bitget against Extended−0.072%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs+$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.981%+$98 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.072%, 7d avg −0.045%
Together, before fees+0.935%+ Points / potential airdropExtended: Active · farm board+$94 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.027% cheaper against Extended than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.045%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$24 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XNG-USD2.99410.0032pay 0.0004% / 1h9m 22s$123K$334K5x
ShortBitget NATGASUSDT2.99200.0816get 0.0408% / 4h9m 22s$9.9M$2.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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
$164.64
Price spread: −0.072% → −0.045%
−$2.72
Slippage, 4 orders
−$13.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
$131.71
Costs to cover
0.302%
Break-even
1.4 days
Slippage from Extended: live order book, 31 min ago; Bitget: live order book, 2 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 Extended live order book, 31 min ago0.50 bp4.0 bp −$49.7 bp −$97doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.67 bp10.2 bp −$1018.5 bp −$18548.0 bp −$4,795doesn't fit

NATGAS on 27 exchanges

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−0.1600%1h2.9944+0.008%$36K$59920xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8326−5.395%as long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.102%$2K$1.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9960+0.062%$118K$218K75xas long as short
QFEX NATGAS-USD+0.0003%1h2.9940−0.005%$593K$101K20xas long as short
GRVT NATGAS_USDT_Perp+0.0004%4h2.9945+0.012%$20K$214K25xas long as short
Lighter NATGAS+0.0032%1h2.9947+0.018%$646K$707K10xas long as short
Extended XNG-USDlong+0.0032%1h2.9941long leg$123K$334K5x
Vest NG-PERP+0.0046%1h2.9940−0.005%$14K10xas long as short
Paradex NG-USD-PERP+0.0050%8h2.9946+0.016%$5K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9919−0.075%$84K$28K10xas long as short
tradeXYZ xyz:NATGAS+0.0052%1h2.9951+0.032%$6.0M$4.5M10xas long as short
Pacifica NATGAS+0.0100%1h2.9936−0.018%$68K$36K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950+0.028%$1.1M$722K20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.195%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.195%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950+0.028%$1.5M$96K10xas long as short
Aster NATGASUSDT+0.0158%4h2.9985+0.145%$258K$70K50xas long as short
Variational Omni NATGAS+0.0238%4h2.9937−0.016%$355K$419Kas long as short
Kraken Futures PF_NATGASUSD+0.0241%1h2.9949+0.026%$53K$48K20xas long as short
Binance NATGASUSDT+0.0298%4h2.9950+0.028%$10.0M$32.2M100xas long as short
edgeX NATGASUSDC+0.0303%4h2.9986+0.150%$85K$210K20xas long as short
BloFin NG-USDT+0.0350%8h2.9950+0.028%$81K$201K20xas long as short
OKX NG-USDT-SWAP+0.0365%8h2.9950+0.028%$834K$1.8M50xas long as short
Gate NG_USDT+0.0398%8h2.9970+0.095%$1.5M$163K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0403% / S −0.0375%1h2.9955+0.045%$88K45xas long as short
Bitget NATGASUSDTshort+0.0816%4h2.9920−0.072%$9.9M$2.5M100x