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+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h −0.056%
Price spread now: Orderly against Gate0.000%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 5 days (all we have)no history yet
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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT3.00000.0032pay 0.0032% / 8h7h 54m$1.5M$254K100x
ShortOrderly PERP_NATGAS_USDC_mythos3.00000.0100get 0.0100% / 8h7h 54m$3K$54410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14.28
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$6.72
Costs to cover
0.210%
Break-even
10.3 days
Slippage unknown: Gate: live order book, 2 min ago; Orderly: 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, 2 min ago1.67 bp22.6 bp −$2364.4 bp −$644doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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/USDL 0.0000% / S 0.0000%1h2.8334−5.553%as long as short
SunX NATGAS-USDT0.0000%4h2.9991−0.030%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h2.9970−0.100%$658K$86K20xas long as short
Extended XNG-USD+0.0032%1h2.9965−0.115%$110K$453K5xas long as short
Gate NG_USDTlong+0.0032%8h3.0000long leg$1.5M$254K100x
Aster NATGASUSDT+0.0034%4h2.9960−0.133%$265K$73K50xas long as short
Vest NG-PERP+0.0046%1h2.9970−0.100%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9968−0.107%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9950−0.167%$84K$42K10xas long as short
Paradex NG-USD-PERP+0.0060%8h2.9989−0.036%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NATGAS+0.0061%4h2.9971−0.097%$311K$443Kas long as short
Lighter NATGAS+0.0080%1h2.9995−0.017%$617K$412K10xas long as short
Pacifica NATGAS+0.0100%1h2.9972−0.095%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9960−0.133%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.333%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythosshort+0.0100%8h3.00000.000%$3K$54410x
Phemex NGUSDT+0.0100%4h2.9970−0.100%$1.5M$95K10xas long as short
BloFin NG-USDT+0.0111%8h2.9960−0.133%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0137%8h2.9970−0.100%$857K$1.7M50xas long as short
Hotstuff NATGAS-PERP+0.0160%1h2.9971−0.097%$35K20xas long as short
edgeX NATGASUSDC+0.0169%4h2.9971−0.097%$85K$211K20xas long as short
Binance NATGASUSDT+0.0172%4h2.9976−0.082%$10.1M$29.7M100xas long as short
Bitget NATGASUSDT+0.0188%4h2.9950−0.167%$10.0M$3.5M100xas long as short
HTX NATGAS-USDT+0.0297%4h2.9996−0.013%$98K$211K75xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9975−0.083%$93K45xas long as short
GRVT NATGAS_USDT_Perp+0.0484%4h2.9969−0.103%$25K$241K25xas long as short
Kraken Futures PF_NATGASUSD+0.1003%1h2.9983−0.056%$52K$39K20xas long as short