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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.091%
Price spread now: OKX against gTrade (Gains Network)+5.767%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 +$5 a day on $10k at the current rate, and OKX is 5.767% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$577 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/USD2.8336L 0.0000% / S 0.0000%get 0.0000% / 1h47m 48s
ShortOKX NG-USDT-SWAP2.99700.0159get 0.0159% / 8h7h 47m$857K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$33.42
Price spread: +5.767% → 0.000%
$576.65
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$590.08
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago1.67 bp10.2 bp −$1020.9 bp −$209doesn'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%1h2.8336long leg
SunX NATGAS-USDT0.0000%4h3.0002+5.879%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h2.9970+5.767%$658K$85K20xas long as short
Lighter NATGAS+0.0032%1h2.9992+5.844%$616K$412K10xas long as short
Extended XNG-USD+0.0032%1h2.9966+5.754%$110K$451K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h2.9970+5.767%$35K20xas long as short
Aster NATGASUSDT+0.0041%4h2.9960+5.731%$265K$73K50xas long as short
Vest NG-PERP+0.0046%1h2.9970+5.767%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9972+5.774%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0001+5.876%$84K$36K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0059%8h2.9988+5.831%$5K5xas long as short
Variational Omni NATGAS+0.0074%4h2.9980+5.803%$311K$443Kas long as short
Pacifica NATGAS+0.0100%1h2.9975+5.784%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9970+5.767%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900+5.519%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.872%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9980+5.802%$1.5M$95K10xas long as short
BloFin NG-USDT+0.0127%8h2.9980+5.802%$80K$189K20xas long as short
OKX NG-USDT-SWAPshort+0.0159%8h2.9970+5.767%$857K$1.7M50x
edgeX NATGASUSDC+0.0179%4h2.9978+5.795%$85K$212K20xas long as short
Binance NATGASUSDT+0.0190%4h2.9986+5.822%$10.1M$29.5M100xas long as short
Bitget NATGASUSDT+0.0226%4h2.9960+5.731%$10.0M$3.5M100xas long as short
HTX NATGAS-USDT+0.0268%4h3.0002+5.879%$98K$211K75xas long as short
GRVT NATGAS_USDT_Perp+0.0296%4h2.9972+5.775%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9985+5.819%$93K45xas long as short
Gate NG_USDT+0.0437%8h3.0000+5.872%$1.5M$254K100xas long as short
Kraken Futures PF_NATGASUSD+0.1002%1h2.9990+5.839%$52K$39K20xas long as short