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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0637%/8h= +69.7% APRpaid last 24h +0.091%
Price spread now: BloFin against gTrade (Gains Network)+5.671%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 +$19 a day on $10k at the current rate, and BloFin is 5.671% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$567 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/USD2.8494L 0.0000% / S 0.0000%get 0.0000% / 1h52m 43s
ShortBloFin NG-USDT3.01100.0637get 0.0637% / 8h1h 52m$82K$195K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$133.77
Price spread: +5.671% → 0.000%
$567.14
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$678.9
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 23 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 BloFin live order book, 23 min ago3.33 bp12.2 bp −$1213.7 bp −$137doesn't fitdoesn'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%1h2.8494long leg
SunX NATGAS-USDT0.0000%4h3.0122+5.713%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0090+5.601%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0099+5.633%$630K$500K10xas long as short
Extended XNG-USD+0.0032%1h3.0086+5.588%$110K$332K5xas long as short
Vest NG-PERP+0.0046%1h3.0090+5.601%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0101+5.640%$83K$26K10xas long as short
Hotstuff NATGAS-PERP+0.0056%1h3.0079+5.563%$35K20xas long as short
Paradex NG-USD-PERP+0.0059%8h3.0113+5.681%$5K5xas long as short
HTX NATGAS-USDT+0.0065%4h3.0087+5.591%$107K$210K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0094%1h3.0100+5.636%$6.0M$5.5M10xas long as short
Pacifica NATGAS+0.0100%1h3.0095+5.619%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+5.636%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+5.636%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0090+5.601%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0122%4h3.0090+5.601%$22K$222K25xas long as short
KuCoin NATGASUSDTM+0.0290%4h3.0080+5.566%$1.0M$938K20xas long as short
Aster NATGASUSDT+0.0303%4h3.0120+5.706%$265K$70K50xas long as short
Variational Omni NATGAS+0.0525%4h3.0090+5.600%$318K$432Kas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0541%1h3.0105+5.654%$88K45xas long as short
Binance NATGASUSDT+0.0546%4h3.0100+5.636%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0547%4h3.0093+5.613%$85K$212K20xas long as short
Gate NG_USDT+0.0628%8h3.0120+5.706%$1.5M$195K100xas long as short
BloFin NG-USDTshort+0.0637%8h3.0110+5.671%$82K$195K20x
OKX NG-USDT-SWAP+0.0653%8h3.0090+5.601%$872K$1.8M50xas long as short
Bitget NATGASUSDT+0.0970%4h3.0080+5.566%$10.0M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0985%1h3.0116+5.691%$56K$35K20xas long as short