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+0.0280%/8h= +30.6% APRpaid last 24h +0.136%
Price spread now: Kraken Futures against Gate+0.008%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 7 days+0.244%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT3.00800.0581pay 0.0581% / 8h36m 12s$1.5M$195K100x
ShortKraken Futures PF_NATGASUSD3.00820.0861get 0.0108% / 1h36m 12s$56K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$58.71
Price spread: +0.008% → 0.000%
$0.81
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$34.52
Costs to cover
0.250%
Break-even
2.9 days
Slippage unknown: Gate: live order book, 1 min ago; Kraken Futures: 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, 1 min ago3.32 bp28.6 bp −$2976.5 bp −$765doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
Hotstuff NATGAS-PERP−0.0032%1h3.0069−0.037%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8449−5.422%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.007%$2K$2.4M20xas long as short
HTX NATGAS-USDT+0.0003%4h3.0075−0.017%$117K$216K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0060−0.066%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0076−0.013%$631K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0068−0.041%$111K$271K5xas long as short
Vest NG-PERP+0.0046%1h3.0070−0.033%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0070−0.033%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0081+0.003%$83K$26K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0052%8h3.0076−0.013%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0084%4h3.0039−0.135%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0062−0.060%$70K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.266%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.266%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070−0.033%$1.5M$91K10xas long as short
KuCoin NATGASUSDTM+0.0178%4h3.0040−0.133%$1.0M$888K20xas long as short
Aster NATGASUSDT+0.0195%4h3.0066−0.047%$265K$65K50xas long as short
Variational Omni NATGAS+0.0413%4h3.0029−0.169%$318K$390Kas long as short
Binance NATGASUSDT+0.0430%4h3.0070−0.033%$10.4M$28.5M100xas long as short
edgeX NATGASUSDC+0.0443%4h3.0029−0.169%$85K$212K20xas long as short
Gate NG_USDTlong+0.0581%8h3.0080long leg$1.5M$195K100x
GMX NATGAS/USD [ETH-USDC]L +0.0581% / S −0.0594%1h3.0065−0.050%$88K45xas long as short
BloFin NG-USDT+0.0608%8h3.0040−0.133%$82K$198K20xas long as short
OKX NG-USDT-SWAP+0.0626%8h3.0050−0.100%$854K$1.8M50xas long as short
Kraken Futures PF_NATGASUSDshort+0.0861%1h3.0082+0.008%$56K$36K20x
Bitget NATGASUSDT+0.0874%4h3.0040−0.133%$9.9M$3.0M100xas long as short