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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0984%/8h= +107.7% APRpaid last 24h +0.243%
Price spread now: Bitget against gTrade (Gains Network)+5.547%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Bitget is 5.547% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$555 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NATGAS/USD2.8414L 0.0000% / S 0.0000%get 0.0000% / 1h47m 06s
ShortBitget NATGASUSDT2.99900.0984get 0.0492% / 4h3h 47m$9.9M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$206.64
Price spread: +5.547% → 0.000%
$554.66
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$739.3
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 1 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 1 min ago1.66 bp9.8 bp −$1020.0 bp −$20082.6 bp −$8,261doesn't fit
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/USDlongL 0.0000% / S 0.0000%1h2.8414long leg
SunX NATGAS-USDT0.0000%4h3.0062+5.800%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0040+5.723%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0002+5.589%$626K$499K10xas long as short
Extended XNG-USD+0.0032%1h3.0002+5.588%$110K$407K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0043+5.733%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0020+5.652%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+5.687%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0073%8h3.0073+5.839%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0012+5.624%$6.0M$5.7M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0011+5.620%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.582%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.582%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+5.687%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0326%4h3.0020+5.652%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0371%4h3.0030+5.687%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0470% / S −0.0412%1h3.0025+5.670%$92K45xas long as short
Gate NG_USDT+0.0522%8h3.0060+5.793%$1.5M$192K100xas long as short
BloFin NG-USDT+0.0527%8h3.0050+5.758%$81K$192K20xas long as short
OKX NG-USDT-SWAP+0.0549%8h3.0030+5.687%$863K$1.7M50xas long as short
Variational Omni NATGAS+0.0561%4h3.0040+5.722%$317K$449Kas long as short
HTX NATGAS-USDT+0.0581%4h3.0055+5.775%$107K$214K75xas long as short
edgeX NATGASUSDC+0.0588%4h3.0049+5.754%$85K$213K20xas long as short
Binance NATGASUSDT+0.0596%4h3.0030+5.687%$10.2M$28.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0622%4h3.0040+5.723%$25K$218K25xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0035+5.705%$54K$33K20xas long as short
Bitget NATGASUSDTshort+0.0984%4h2.9990+5.547%$9.9M$3.2M100x