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+0.0057%/8h= +6.2% APRpaid last 24h +0.016%
Price spread now: Paradex against gTrade (Gains Network)+5.746%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 airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 5.746% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$575 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/USD2.8449L 0.0000% / S 0.0000%get 0.0000% / 1h40m 23s
ShortParadex NG-USD-PERP3.00840.0057get 0.0057% / 8h1h 40m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$11.95
Price spread: +5.746% → 0.000%
$574.62
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$572.57
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Paradex: 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 Paradex no order-book sample
gTrade (Gains Network) and Paradex: 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%1h2.8449long leg
SunX NATGAS-USDT0.0000%4h3.0092+5.775%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0060+5.663%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0064+5.677%$629K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0059+5.660%$111K$330K5xas long as short
HTX NATGAS-USDT+0.0034%4h3.0083+5.744%$107K$205K75xas long as short
Vest NG-PERP+0.0046%1h3.0070+5.698%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0083+5.744%$83K$26K10xas long as short
Paradex NG-USD-PERPshort+0.0057%8h3.0084+5.746%$5K5x
tradeXYZ xyz:NATGAS+0.0070%1h3.0069+5.694%$6.0M$5.5M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0043+5.603%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.452%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+5.803%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080+5.733%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0132%4h3.0060+5.663%$22K$210K25xas long as short
Hotstuff NATGAS-PERP+0.0144%1h3.0073+5.708%$35K20xas long as short
KuCoin NATGASUSDTM+0.0280%4h3.0050+5.628%$1.0M$929K20xas long as short
Aster NATGASUSDT+0.0290%4h3.0091+5.771%$265K$70K50xas long as short
Variational Omni NATGAS+0.0512%4h3.0070+5.697%$317K$432Kas long as short
Binance NATGASUSDT+0.0534%4h3.0076+5.720%$10.3M$28.6M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0546% / S −0.0551%1h3.0075+5.715%$88K45xas long as short
edgeX NATGASUSDC+0.0549%4h3.0058+5.657%$85K$213K20xas long as short
Gate NG_USDT+0.0634%8h3.0100+5.803%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0643%8h3.0060+5.663%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0651%8h3.0080+5.733%$875K$1.8M50xas long as short
Bitget NATGASUSDT+0.0960%4h3.0040+5.592%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0088+5.763%$56K$35K20xas long as short