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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.082%
Price spread now: Pacifica against Gate−0.189%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 7 days−0.346%−$35 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.189% cheaper against Gate than usual: you would sell low and buy high (−$19 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_USDT3.00000.0118pay 0.0118% / 8h7h 53m$1.5M$193K100x
ShortPacifica NATGAS2.99430.0100get 0.0013% / 1h53m 01s$69K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$3.78
Price spread: −0.189% → 0.000%
−$18.89
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$45.67
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Pacifica: 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, 4 min ago1.66 bp20.2 bp −$2056.5 bp −$565doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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
QFEX NATGAS-USD0.0000%1h2.9970−0.100%$658K$96K20xas long as short
Hotstuff NATGAS-PERP0.0000%1h2.9961−0.130%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8325−5.583%as long as short
SunX NATGAS-USDT0.0000%4h2.9992−0.027%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h2.9977−0.077%$630K$482K10xas long as short
Extended XNG-USD+0.0032%1h2.9967−0.110%$109K$259K5xas long as short
Vest NG-PERP+0.0046%1h2.9970−0.100%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9970−0.100%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0002+0.007%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h2.9974−0.086%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASshort+0.0100%1h2.9943−0.189%$69K$32K10x
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.333%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.333%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9990−0.033%$1.5M$90K10xas long as short
Gate NG_USDTlong+0.0118%8h3.0000long leg$1.5M$193K100x
HTX NATGAS-USDT+0.0134%4h3.0006+0.020%$118K$221K75xas long as short
KuCoin NATGASUSDTM+0.0138%4h2.9970−0.100%$1.0M$855K20xas long as short
Aster NATGASUSDT+0.0152%4h3.0013+0.042%$264K$69K50xas long as short
GRVT NATGAS_USDT_Perp+0.0176%4h2.9970−0.100%$18K$218K25xas long as short
Variational Omni NATGAS+0.0324%4h3.0010+0.033%$318K$390Kas long as short
Binance NATGASUSDT+0.0350%4h2.9980−0.067%$10.4M$28.8M100xas long as short
edgeX NATGASUSDC+0.0358%4h2.9991−0.030%$85K$212K20xas long as short
BloFin NG-USDT+0.0503%8h2.9950−0.167%$76K$197K20xas long as short
OKX NG-USDT-SWAP+0.0525%8h2.9950−0.167%$801K$1.9M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0591% / S −0.0606%1h2.9985−0.050%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0685%1h2.9973−0.091%$53K$38K20xas long as short
Bitget NATGASUSDT+0.0820%4h2.9960−0.133%$9.9M$3.0M100xas long as short