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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.070%
Price spread now: gTrade (Gains Network) against KuCoin−5.385%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 −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 5.385% cheaper against KuCoin than usual: you would sell low and buy high (−$539 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NATGASUSDTM2.99700.0174pay 0.0087% / 4h2h 08m$1.1M$815K20x
ShortgTrade (Gains Network) NATGAS/USD2.8356L 0.0000% / S 0.0000%pay 0.0000% / 1h8m 12s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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
−$36.58
Price spread: −5.385% → 0.000%
−$538.54
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$597.12
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago1.67 bp22.8 bp −$23doesn't fitdoesn'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 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−0.0088%1h2.9988+0.060%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9964−0.021%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDshortL 0.0000% / S 0.0000%1h2.8356−5.385%
SunX NATGAS-USDT0.0000%4h2.9982+0.040%$2K$1.8M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9973+0.010%$118K$221K75xas long as short
QFEX NATGAS-USD+0.0024%1h2.9960−0.033%$660K$98K20xas long as short
Lighter NATGAS+0.0032%1h2.9975+0.017%$681K$758K10xas long as short
Extended XNG-USD+0.0032%1h2.9978+0.026%$141K$349K5xas long as short
Aster NATGASUSDT+0.0040%4h2.9991+0.071%$258K$74K50xas long as short
Vest NG-PERP+0.0046%1h2.9990+0.067%$14K10xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0050%1h2.9975+0.017%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9954−0.053%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0052%8h2.9974+0.013%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9960−0.032%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.100%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960−0.033%$1.5M$92K10xas long as short
KuCoin NATGASUSDTMlong+0.0174%4h2.9970long leg$1.1M$815K20x
Variational Omni NATGAS+0.0176%4h2.9968−0.006%$355K$429Kas long as short
Binance NATGASUSDT+0.0216%4h2.9960−0.033%$9.7M$31.6M100xas long as short
edgeX NATGASUSDC+0.0247%4h2.9964−0.020%$85K$211K20xas long as short
Gate NG_USDT+0.0273%8h2.9990+0.067%$1.5M$205K100xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9964−0.019%$54K$46K20xas long as short
OKX NG-USDT-SWAP+0.0396%8h2.9960−0.033%$835K$2.0M50xas long as short
BloFin NG-USDT+0.0415%8h2.99700.000%$77K$198K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0538% / S −0.0542%1h2.9965−0.017%$88K45xas long as short
Bitget NATGASUSDT+0.0748%4h2.9940−0.100%$9.9M$2.9M100xas long as short