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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.118%
Price spread now: OKX against Hotstuff+0.043%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.043% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NATGAS-PERP2.9947−0.0024get 0.0003% / 1h18m 00s$35K20x
ShortOKX NG-USDT-SWAP2.99600.0136get 0.0136% / 8h18m 00s$856K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$33.61
Price spread: +0.043% → 0.000%
$4.34
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
$22.95
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: Hotstuff: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago1.67 bp10.4 bp −$1018.4 bp −$184doesn't fitdoesn'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 26 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
Hotstuff NATGAS-PERPlong−0.0024%1h2.9947long leg$35K20x
GRVT NATGAS_USDT_Perp0.0000%4h2.9948+0.003%$13K$238K25xas long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.083%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.134%$98K$212K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950+0.010%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9965+0.060%$616K$419K10xas long as short
Vest NG-PERP+0.0046%1h2.9950+0.010%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.99470.000%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9940−0.023%$84K$43K10xas long as short
Extended XNG-USD+0.0064%1h2.9938−0.031%$110K$453K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0067%8h2.9950+0.010%$5K5xas long as short
Aster NATGASUSDT+0.0074%4h2.9960+0.043%$265K$73K50xas long as short
Pacifica NATGAS+0.0100%1h2.9948+0.003%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950+0.010%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.157%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.177%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960+0.043%$1.5M$97K10xas long as short
BloFin NG-USDT+0.0113%8h2.9940−0.023%$80K$189K20xas long as short
Variational Omni NATGAS+0.0115%4h2.9951+0.013%$311K$443Kas long as short
OKX NG-USDT-SWAPshort+0.0136%8h2.9960+0.043%$856K$1.7M50x
Gate NG_USDT+0.0174%8h2.9980+0.110%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0202%4h2.9950+0.010%$10.1M$30.0M100xas long as short
edgeX NATGASUSDC+0.0252%4h2.9951+0.012%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0292%4h2.9930−0.057%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955+0.027%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9970+0.077%$52K$39K20xas long as short