NATGAS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.079%

Price spread now: HTX against Gate+0.037%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$570.567% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.498%−$50 on $10k

Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.037%, 7d avg +0.031%

Together, before fees−0.526%−$53 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NG_USDT	2.9990	0.0361	pay 0.0361% / 8h	7h 50m	$1.5M	$254K	100x
Short	HTX NATGAS-USDT	3.0001	0.0184	get 0.0092% / 4h	3h 50m	$98K	$211K	75x

Funding history

latest

Range statsloading…

HTX against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee GatebpFee HTXbpOrdersPrice spread, now +0.037%Rate

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 21 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	1.67 bp	20.9 bp −$21	77.8 bp −$778	doesn't fit	doesn't fit
Sell HTX live order book, 21 min ago	0.17 bp	14.4 bp −$14	19.7 bp −$197	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NATGAS-USDT	0.0000%	4h	3.0001	+0.037%	$2K	$2.6M	20x	as long as short
QFEX NATGAS-USD	+0.0015%	1h	2.9970	−0.067%	$658K	$85K	20x	as long as short
Extended XNG-USD	+0.0032%	1h	2.9963	−0.091%	$110K	$453K	5x	as long as short
Aster NATGASUSDT	+0.0036%	4h	2.9960	−0.100%	$265K	$73K	50x	as long as short
Lighter NATGAS	+0.0040%	1h	2.9991	+0.003%	$616K	$412K	10x	as long as short
Hotstuff NATGAS-PERP	+0.0040%	1h	2.9969	−0.070%	$35K	—	20x	as long as short
Vest NG-PERP	+0.0046%	1h	2.9970	−0.067%	—	$378	10x	as long as short
tradeXYZ xyz:NATGAS	+0.0050%	1h	2.9969	−0.070%	$5.9M	$6.0M	10x	as long as short
Ondo Perps NATGAS-USD.P	+0.0050%	1h	2.9993	+0.010%	$84K	$42K	10x	as long as short
Paradex NG-USD-PERP	+0.0059%	8h	2.9989	−0.003%	$5K	—	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NATGAS	+0.0074%	4h	2.9980	−0.032%	$311K	$443K	—	as long as short
Pacifica NATGAS	+0.0100%	1h	2.9974	−0.053%	$68K	$33K	10x	as long as short
KuCoin NATGASUSDTM	+0.0100%	4h	2.9960	−0.100%	$1.0M	$1.2M	20x	as long as short
ApeX Omni NATGASUSDT	+0.0100%	1h	3.0000	+0.033%	$37K	$217K	50x	as long as short
Orderly PERP_NATGAS_USDC_mythos	+0.0100%	8h	3.0000	+0.033%	$3K	$544	10x	as long as short
Phemex NGUSDT	+0.0100%	4h	2.9980	−0.033%	$1.5M	$95K	10x	as long as short
BloFin NG-USDT	+0.0149%	8h	2.9970	−0.067%	$80K	$189K	20x	as long as short
OKX NG-USDT-SWAP	+0.0152%	8h	2.9970	−0.067%	$857K	$1.7M	50x	as long as short
edgeX NATGASUSDC	+0.0179%	4h	2.9978	−0.040%	$85K	$212K	20x	as long as short
Binance NATGASUSDT	+0.0181%	4h	2.9980	−0.033%	$10.1M	$29.7M	100x	as long as short
HTX NATGAS-USDTshort	+0.0184%	4h	3.0001	+0.037%	$98K	$211K	75x
Bitget NATGASUSDT	+0.0214%	4h	2.9960	−0.100%	$10.0M	$3.5M	100x	as long as short
GRVT NATGAS_USDT_Perp	+0.0296%	4h	2.9972	−0.059%	$25K	$214K	25x	as long as short
Gate NG_USDTlong	+0.0361%	8h	2.9990	long leg	$1.5M	$254K	100x
GMX NATGAS/USD [ETH-USDC]	L +0.0406% / S −0.0333%	1h	2.9985	−0.017%	$93K	—	45x	as long as short
Kraken Futures PF_NATGASUSD	+0.1002%	1h	2.9990	−0.001%	$52K	$39K	20x	as long as short