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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h −0.118%
Price spread now: HTX against GMX+0.013%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 3 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
LongGMX NATGAS/USD [ETH-USDC]3.0065L +0.0486% / S −0.0429%pay 0.0061% / 1h14m 33s$92K45x
ShortHTX NATGAS-USDT3.00690.0539get 0.0269% / 4h3h 14m$106K$211K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GMX. 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
$11.07
Price spread: +0.013% → 0.000%
$1.33
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$11.6
Costs to cover
0.240%
Break-even
14.3 days
Slippage unknown: GMX: no order-book sample; HTX: live order book, 37 min ago. 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 GMX no order-book sample
Sell HTX live order book, 37 min ago1.50 bp13.0 bp −$1318.7 bp −$187doesn't fitdoesn't fit
GMX: 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%1h2.8451−5.368%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.057%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0050−0.050%$659K$96K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0057−0.027%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0050−0.050%$629K$503K10xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.050%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0082+0.057%$83K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0091%1h3.0048−0.057%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERP+0.0093%8h3.0075+0.034%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0052−0.043%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.216%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.216%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.017%$1.5M$92K10xas long as short
Extended XNG-USD+0.0200%1h3.0038−0.090%$110K$365K5xas long as short
KuCoin NATGASUSDTM+0.0362%4h3.0020−0.150%$1.0M$989K20xas long as short
Aster NATGASUSDT+0.0420%4h3.0060−0.017%$264K$74K50xas long as short
GRVT NATGAS_USDT_Perp+0.0474%4h3.0050−0.049%$13K$223K25xas long as short
GMX NATGAS/USD [ETH-USDC]longL +0.0486% / S −0.0429%1h3.0065long leg$92K45x
HTX NATGAS-USDTshort+0.0539%4h3.0069+0.013%$106K$211K75x
Gate NG_USDT+0.0554%8h3.0100+0.116%$1.5M$193K100xas long as short
BloFin NG-USDT+0.0572%8h3.0060−0.017%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0597%8h3.0060−0.017%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0627%4h3.0060−0.017%$312K$444Kas long as short
edgeX NATGASUSDC+0.0646%4h3.0052−0.043%$85K$213K20xas long as short
Binance NATGASUSDT+0.0652%4h3.0065−0.001%$10.3M$28.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.0854%1h3.0078+0.043%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1020%4h3.0010−0.183%$9.9M$3.2M100xas long as short