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+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.020%
Price spread now: Hotstuff against gTrade (Gains Network)+5.717%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hotstuff is 5.717% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$572 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/USD2.8474L 0.0000% / S 0.0000%get 0.0000% / 1h53m 58s
ShortHotstuff NATGAS-PERP3.01020.0024get 0.0003% / 1h53m 58s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$5.04
Price spread: +5.717% → 0.000%
$571.75
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$561.79
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Hotstuff: 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 gTrade (Gains Network) no order-book sample
Sell Hotstuff no order-book sample
gTrade (Gains Network) and Hotstuff: 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%1h2.8474long leg
SunX NATGAS-USDT0.0000%4h3.0055+5.552%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0070+5.605%$660K$96K20xas long as short
Hotstuff NATGAS-PERPshort+0.0024%1h3.0102+5.717%$35K20x
Lighter NATGAS+0.0032%1h3.0081+5.644%$630K$500K10xas long as short
Extended XNG-USD+0.0032%1h3.0068+5.599%$110K$332K5xas long as short
Vest NG-PERP+0.0046%1h3.0080+5.640%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0062+5.577%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0059%8h3.0103+5.721%$5K5xas long as short
HTX NATGAS-USDT+0.0067%4h3.0087+5.665%$107K$210K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0089%1h3.0079+5.637%$6.0M$5.5M10xas long as short
Pacifica NATGAS+0.0100%1h3.0076+5.626%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+5.710%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.359%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080+5.640%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0118%4h3.0080+5.639%$22K$222K25xas long as short
KuCoin NATGASUSDTM+0.0290%4h3.0080+5.640%$1.0M$938K20xas long as short
Aster NATGASUSDT+0.0304%4h3.0102+5.716%$265K$70K50xas long as short
Variational Omni NATGAS+0.0525%4h3.0090+5.674%$318K$432Kas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0537% / S −0.0540%1h3.0085+5.658%$88K45xas long as short
Binance NATGASUSDT+0.0547%4h3.0087+5.664%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0561%4h3.0070+5.603%$85K$213K20xas long as short
Gate NG_USDT+0.0625%8h3.0110+5.746%$1.5M$195K100xas long as short
BloFin NG-USDT+0.0637%8h3.0100+5.710%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0653%8h3.0080+5.640%$872K$1.8M50xas long as short
Bitget NATGASUSDT+0.0970%4h3.0060+5.570%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0102+5.718%$56K$35K20xas long as short