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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0574%/8h= −62.9% APRpaid last 24h −0.102%
Price spread now: gTrade (Gains Network) against Gate−5.509%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$17 a day on $10k at the current rate, and gTrade (Gains Network) is 5.509% cheaper against Gate than usual: you would sell low and buy high (−$551 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT3.00400.0574pay 0.0574% / 8h12m 21s$1.5M$196K100x
ShortgTrade (Gains Network) NATGAS/USD2.8385L 0.0000% / S 0.0000%pay 0.0000% / 1h12m 21s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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
−$120.58
Price spread: −5.509% → 0.000%
−$550.93
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$696.51
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 5 min ago; gTrade (Gains Network): 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 Gate live order book, 5 min ago1.66 bp22.1 bp −$2257.1 bp −$571doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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/USDshortL 0.0000% / S 0.0000%1h2.8385−5.509%
SunX NATGAS-USDT0.0000%4h3.0031−0.030%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0025−0.050%$117K$216K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0020−0.067%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0021−0.063%$630K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0011−0.097%$109K$275K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0014−0.087%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0020−0.067%$14K10xas long as short
GRVT NATGAS_USDT_Perp+0.0048%4h3.0019−0.068%$15K$222K25xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0009−0.103%$6.0M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h3.0058+0.060%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0027−0.042%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0003−0.123%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.133%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.133%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.100%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0144%4h3.0000−0.133%$1.0M$869K20xas long as short
Aster NATGASUSDT+0.0161%4h3.00400.000%$264K$69K50xas long as short
Variational Omni NATGAS+0.0356%4h3.0020−0.065%$318K$390Kas long as short
Binance NATGASUSDT+0.0377%4h3.0010−0.100%$10.4M$28.6M100xas long as short
edgeX NATGASUSDC+0.0394%4h3.0016−0.081%$85K$213K20xas long as short
OKX NG-USDT-SWAP+0.0563%8h2.9990−0.166%$801K$1.8M50xas long as short
BloFin NG-USDT+0.0573%8h3.0020−0.067%$80K$198K20xas long as short
Gate NG_USDTlong+0.0574%8h3.0040long leg$1.5M$196K100x
GMX NATGAS/USD [ETH-USDC]L +0.0588% / S −0.0603%1h3.0015−0.083%$88K45xas long as short
Bitget NATGASUSDT+0.0832%4h2.9990−0.166%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0862%1h3.0031−0.031%$55K$35K20xas long as short