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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0675%/8h= −74.0% APRpaid last 24h −0.162%
Price spread now: GRVT against Kraken Futures+0.011%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 7 days−0.566%−$57 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: 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: −$20 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_NATGASUSD3.00550.0993pay 0.0124% / 1h13m 00s$54K$33K20x
ShortGRVT NATGAS_USDT_Perp3.00580.0318get 0.0159% / 4h13m 00s$25K$227K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Kraken Futures. 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
−$141.83
Price spread: +0.011% → 0.000%
$1.12
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$159.71
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; GRVT: live order book, 44 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 Kraken Futures no order-book sample
Sell GRVT live order book, 44 min ago1.67 bp6.2 bp −$619.6 bp −$196doesn't fitdoesn't fit
Kraken Futures: 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%1h2.8466−5.286%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.024%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0040−0.049%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0050−0.016%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0038−0.056%$110K$407K5xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.016%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h3.0051−0.012%$35K20xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0051−0.012%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0054%8h3.0060+0.018%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0079%1h3.0041−0.046%$6.0M$5.8M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0033−0.072%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.182%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.182%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040−0.049%$1.5M$94K10xas long as short
HTX NATGAS-USDT+0.0168%4h3.0066+0.037%$105K$211K75xas long as short
GRVT NATGAS_USDT_Perpshort+0.0318%4h3.0058+0.011%$25K$227K25x
KuCoin NATGASUSDTM+0.0328%4h3.0030−0.082%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0384%4h3.0041−0.046%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0458% / S −0.0398%1h3.0045−0.032%$92K45xas long as short
Gate NG_USDT+0.0489%8h3.0070+0.051%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0510%8h3.0050−0.016%$860K$1.7M50xas long as short
BloFin NG-USDT+0.0520%8h3.0040−0.049%$81K$192K20xas long as short
Variational Omni NATGAS+0.0587%4h3.0050−0.017%$317K$449Kas long as short
Binance NATGASUSDT+0.0601%4h3.0040−0.049%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0622%4h3.0050−0.015%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0974%4h3.0020−0.116%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSDlong+0.0993%1h3.0055long leg$54K$33K20x