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+0.0555%/8h= +60.8% APRpaid last 24h +0.073%
Price spread now: BloFin against Hotstuff+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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds 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: +$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NATGAS-PERP3.00260.0024pay 0.0003% / 1h20m 53s$35K20x
ShortBloFin NG-USDT3.00300.0579get 0.0579% / 8h3h 20m$82K$194K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hotstuff. 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
$116.62
Price spread: +0.013% → 0.000%
$1.33
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$100.95
Costs to cover
0.170%
Break-even
0.9 days
Slippage unknown: Hotstuff: no order-book sample; BloFin: live order book, 69 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 Hotstuff no order-book sample
Sell BloFin live order book, 69 min ago1.66 bp10.2 bp −$1016.0 bp −$16071.3 bp −$7,129doesn't fit
Hotstuff: 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%1h2.8406−5.395%as long as short
SunX NATGAS-USDT0.0000%4h3.0051+0.083%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0020−0.020%$669K$91K20xas long as short
Hotstuff NATGAS-PERPlong+0.0024%1h3.0026long leg$35K20x
Lighter NATGAS+0.0032%1h3.0013−0.043%$627K$502K10xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.053%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0019−0.023%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0072%8h3.0036+0.033%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0089%1h3.0016−0.033%$6.0M$5.6M10xas long as short
Pacifica NATGAS+0.0100%1h3.0000−0.087%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.087%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.087%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.013%$1.5M$93K10xas long as short
Extended XNG-USD+0.0144%1h3.0000−0.087%$110K$375K5xas long as short
KuCoin NATGASUSDTM+0.0356%4h3.0020−0.020%$1.0M$993K20xas long as short
Aster NATGASUSDT+0.0403%4h3.0042+0.054%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0484% / S −0.0427%1h3.0035+0.030%$92K45xas long as short
GRVT NATGAS_USDT_Perp+0.0492%4h3.0014−0.039%$13K$223K25xas long as short
HTX NATGAS-USDT+0.0507%4h3.0074+0.160%$107K$211K75xas long as short
Gate NG_USDT+0.0545%8h3.0060+0.113%$1.5M$192K100xas long as short
BloFin NG-USDTshort+0.0579%8h3.0030+0.013%$82K$194K20x
OKX NG-USDT-SWAP+0.0585%8h3.0030+0.013%$867K$1.7M50xas long as short
Variational Omni NATGAS+0.0612%4h3.0030+0.012%$317K$439Kas long as short
Binance NATGASUSDT+0.0634%4h3.0033+0.023%$10.2M$28.3M100xas long as short
edgeX NATGASUSDC+0.0641%4h3.0029+0.011%$85K$212K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0046+0.066%$56K$35K20xas long as short
Bitget NATGASUSDT+0.1004%4h3.0000−0.087%$9.9M$3.2M100xas long as short