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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.052%
Price spread now: Hotstuff against KuCoin−0.010%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 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NATGASUSDTM3.00300.0100pay 0.0050% / 4h3h 01m$1.0M$1.1M20x
ShortHotstuff NATGAS-PERP3.00270.0168get 0.0021% / 1h1m 46s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$14.28
Price spread: −0.010% → 0.000%
−$1
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$3.72
Costs to cover
0.170%
Break-even
8.8 days
Slippage unknown: KuCoin: live order book, 3 min ago; Hotstuff: 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, 3 min ago1.66 bp19.3 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
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%1h2.8381−5.491%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.073%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0020−0.033%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0036+0.020%$617K$423K10xas long as short
Extended XNG-USD+0.0032%1h3.0018−0.040%$110K$451K5xas long as short
Vest NG-PERP+0.0046%1h3.00300.000%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0019−0.037%$5.9M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0049+0.063%$84K$26K10xas long as short
Paradex NG-USD-PERP+0.0053%8h3.0038+0.028%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0018−0.040%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NATGASUSDTMlong+0.0100%4h3.0030long leg$1.0M$1.1M20x
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.100%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.100%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.00300.000%$1.5M$95K10xas long as short
Aster NATGASUSDT+0.0109%4h3.00300.000%$266K$73K50xas long as short
Hotstuff NATGAS-PERPshort+0.0168%1h3.0027−0.010%$35K20x
Variational Omni NATGAS+0.0200%4h3.0029−0.002%$312K$443Kas long as short
HTX NATGAS-USDT+0.0203%4h3.0046+0.053%$98K$212K75xas long as short
OKX NG-USDT-SWAP+0.0268%8h3.0020−0.033%$863K$1.7M50xas long as short
edgeX NATGASUSDC+0.0271%4h3.00300.000%$85K$212K20xas long as short
BloFin NG-USDT+0.0288%8h2.9990−0.133%$81K$189K20xas long as short
Binance NATGASUSDT+0.0295%4h3.0037+0.024%$10.1M$29.2M100xas long as short
GRVT NATGAS_USDT_Perp+0.0322%4h3.0020−0.033%$25K$200K25xas long as short
Gate NG_USDT+0.0376%8h3.0040+0.033%$1.5M$256K100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0414% / S −0.0350%1h3.0035+0.017%$92K45xas long as short
Bitget NATGASUSDT+0.0420%4h3.0010−0.067%$9.9M$3.5M100xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0043+0.042%$52K$36K20xas long as short