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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%
Price spread now: HTX against GRVT+0.047%77s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.047%, 7d avg +0.052%
Together, before fees−0.110%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NATGAS_USDT_Perp3.00300get 0.0000% / 4h1h 45m$19K$208K25x
ShortHTX NATGAS-USDT3.00440get 0.0000% / 4h1h 45m$118K$220K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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
$0
Price spread: +0.047% → +0.052%
−$0.57
Slippage, 4 orders
−$17.84
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$39.42
Costs to cover
0.388%
Break-even
never at this rate
Slippage from GRVT: live order book, 64 min ago; HTX: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 64 min ago1.67 bp12.0 bp −$1218.4 bp −$184doesn't fitdoesn't fit
Sell HTX live order book, 63 min ago4.17 bp10.5 bp −$1016.4 bp −$164doesn't fitdoesn't fit

NATGAS on 27 exchanges

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−0.1600%1h3.0022−0.027%$35K20xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h3.0029−0.004%$54K$46K20xas long as short
QFEX NATGAS-USD−0.0004%1h3.0020−0.033%$661K$99K20xas long as short
Aster NATGASUSDT0.0000%4h3.0000−0.099%$258K$74K50xas long as short
GRVT NATGAS_USDT_Perplong0.0000%4h3.0030long leg$19K$208K25x
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8386−5.475%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.073%$2K$1.7M20xas long as short
HTX NATGAS-USDTshort0.0000%4h3.0044+0.047%$118K$220K75x
Lighter NATGAS+0.0032%1h3.0019−0.037%$650K$791K10xas long as short
Extended XNG-USD+0.0032%1h3.0017−0.045%$122K$368K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.00300.000%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0021−0.030%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9960−0.233%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0025−0.016%$5K5xas long as short
Variational Omni NATGAS+0.0086%4h2.9977−0.175%$355K$426Kas long as short
Pacifica NATGAS+0.0100%1h3.0013−0.057%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.433%$36K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00300.000%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0132%4h3.0000−0.100%$1.1M$799K20xas long as short
edgeX NATGASUSDC+0.0157%4h2.9982−0.159%$85K$211K20xas long as short
Binance NATGASUSDT+0.0162%4h3.00300.000%$10.0M$32.6M100xas long as short
Gate NG_USDT+0.0274%8h3.0050+0.067%$1.5M$200K100xas long as short
OKX NG-USDT-SWAP+0.0350%8h3.0010−0.067%$833K$2.0M50xas long as short
BloFin NG-USDT+0.0366%8h3.0020−0.033%$80K$202K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0035+0.017%$88K45xas long as short
Bitget NATGASUSDT+0.0706%4h3.0010−0.067%$9.9M$2.9M100xas long as short