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−0.0036%/8h= −3.9% APRpaid last 24h −0.011%
Price spread now: Extended against Orderly−0.206%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.206% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h19m 33s$3K$54410x
ShortExtended XNG-USD2.99380.0064get 0.0008% / 1h19m 33s$110K$453K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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
−$7.56
Price spread: −0.206% → 0.000%
−$20.6
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$39.16
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 58 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 Orderly no order-book sample
Sell Extended live order book, 58 min ago0.67 bp3.5 bp −$48.1 bp −$81doesn't fitdoesn't fit
Orderly: 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-PERP−0.0008%1h2.9948−0.173%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9948−0.174%$13K$238K25xas long as short
SunX NATGAS-USDT0.0000%4h2.9972−0.093%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987−0.043%$98K$213K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950−0.167%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9964−0.120%$619K$416K10xas long as short
Vest NG-PERP+0.0046%1h2.9950−0.167%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.177%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9940−0.200%$84K$43K10xas long as short
Extended XNG-USDshort+0.0064%1h2.9938−0.206%$110K$453K5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0067%8h2.9950−0.166%$5K5xas long as short
Aster NATGASUSDT+0.0082%4h2.9960−0.133%$265K$73K50xas long as short
Pacifica NATGAS+0.0100%1h2.9937−0.211%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9950−0.167%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.333%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h2.9950−0.167%$1.5M$97K10xas long as short
Variational Omni NATGAS+0.0115%4h2.9951−0.163%$311K$443Kas long as short
BloFin NG-USDT+0.0132%8h2.9960−0.133%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0139%8h2.9950−0.167%$858K$1.7M50xas long as short
Gate NG_USDT+0.0175%8h2.9970−0.100%$1.5M$285K100xas long as short
Binance NATGASUSDT+0.0205%4h2.9957−0.145%$10.1M$30.0M100xas long as short
edgeX NATGASUSDC+0.0252%4h2.9951−0.164%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0298%4h2.9930−0.233%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955−0.150%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9970−0.100%$52K$39K20xas long as short