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+0.0284%/8h= +31.1% APRpaid last 24h +0.014%
Price spread now: GRVT against Orderly0.000%70s7-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 5 days (all we have)no history yet
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: +$9 a day on $10k at the current rate. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h5h 05m$3K$54410x
ShortGRVT NATGAS_USDT_Perp3.00000.0384get 0.0192% / 4h1h 05m$25K$227K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$59.64
Price spread: 0.000% → 0.000%
$0.01
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$44.65
Costs to cover
0.150%
Break-even
1.8 days
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 57 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 GRVT live order book, 57 min ago3.33 bp7.8 bp −$821.3 bp −$213doesn'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 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%1h2.8435−5.217%as long as short
SunX NATGAS-USDT0.0000%4h3.0021+0.070%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0019%1h2.9990−0.033%$658K$85K20xas long as short
Hotstuff NATGAS-PERP+0.0024%1h3.0002+0.007%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0003+0.010%$618K$494K10xas long as short
Vest NG-PERP+0.0046%1h2.9990−0.033%$37810xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9990−0.033%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0061%8h3.0011+0.037%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0090%1h3.0002+0.007%$6.0M$5.9M10xas long as short
Pacifica NATGAS+0.0100%1h2.9989−0.037%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.00000.000%$1.5M$95K10xas long as short
Extended XNG-USD+0.0136%1h2.9987−0.044%$110K$445K5xas long as short
HTX NATGAS-USDT+0.0243%4h3.0021+0.070%$104K$216K75xas long as short
GRVT NATGAS_USDT_Perpshort+0.0384%4h3.00000.000%$25K$227K25x
KuCoin NATGASUSDTM+0.0384%4h2.9980−0.067%$1.1M$1.1M20xas long as short
Aster NATGASUSDT+0.0407%4h2.9999−0.004%$265K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0438% / S −0.0377%1h3.0005+0.017%$92K45xas long as short
Gate NG_USDT+0.0459%8h3.0040+0.133%$1.5M$210K100xas long as short
OKX NG-USDT-SWAP+0.0472%8h3.00000.000%$852K$1.7M50xas long as short
BloFin NG-USDT+0.0489%8h2.9990−0.033%$80K$188K20xas long as short
Variational Omni NATGAS+0.0586%4h2.9999−0.003%$311K$444Kas long as short
Binance NATGASUSDT+0.0617%4h3.00000.000%$10.2M$28.9M100xas long as short
edgeX NATGASUSDC+0.0621%4h3.00000.000%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0988%4h2.9960−0.133%$9.9M$3.4M100xas long as short
Kraken Futures PF_NATGASUSD+0.1110%1h3.0016+0.053%$53K$34K20xas long as short