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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h −0.031%
Price spread now: gTrade (Gains Network) against HTX−5.428%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and gTrade (Gains Network) is 5.428% cheaper against HTX than usual: you would sell low and buy high (−$543 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NATGAS-USDT3.00830.0034pay 0.0017% / 4h1h 41m$107K$205K75x
ShortgTrade (Gains Network) NATGAS/USD2.8450L 0.0000% / S 0.0000%pay 0.0000% / 1h41m 02s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against HTX. 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
−$7.23
Price spread: −5.428% → 0.000%
−$542.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$572.06
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 65 min ago; gTrade (Gains Network): 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 HTX live order book, 65 min ago4.16 bp10.2 bp −$1011.4 bp −$114doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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/USDshortL 0.0000% / S 0.0000%1h2.8450−5.428%
SunX NATGAS-USDT0.0000%4h3.0092+0.030%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0060−0.076%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0063−0.066%$629K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0055−0.093%$111K$330K5xas long as short
HTX NATGAS-USDTlong+0.0034%4h3.0083long leg$107K$205K75x
Vest NG-PERP+0.0046%1h3.0070−0.043%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.00830.000%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0057%8h3.0083−0.001%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0071%1h3.0069−0.047%$6.0M$5.5M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0043−0.134%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.276%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.057%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080−0.010%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0132%4h3.0060−0.076%$22K$210K25xas long as short
Hotstuff NATGAS-PERP+0.0272%1h3.0073−0.033%$35K20xas long as short
KuCoin NATGASUSDTM+0.0280%4h3.0050−0.110%$1.0M$930K20xas long as short
Aster NATGASUSDT+0.0291%4h3.0088+0.015%$265K$70K50xas long as short
Variational Omni NATGAS+0.0511%4h3.0080−0.011%$318K$432Kas long as short
Binance NATGASUSDT+0.0534%4h3.0075−0.025%$10.3M$28.6M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0546% / S −0.0550%1h3.0075−0.027%$88K45xas long as short
edgeX NATGASUSDC+0.0549%4h3.0058−0.082%$85K$213K20xas long as short
Gate NG_USDT+0.0634%8h3.0090+0.023%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0643%8h3.0060−0.076%$82K$195K20xas long as short
OKX NG-USDT-SWAP+0.0650%8h3.0080−0.010%$875K$1.8M50xas long as short
Bitget NATGASUSDT+0.0960%4h3.0040−0.143%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0088+0.018%$56K$35K20xas long as short