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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Orderly+0.190%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.190% dearer against Orderly than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h2h 33m$3K$54410x
ShortPacifica NATGAS3.00570.0100get 0.0013% / 1h33m 59s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.190% → 0.000%
$19
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$5
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Pacifica: 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 Orderly no order-book sample
Sell Pacifica no order-book sample
Orderly and Pacifica: 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%1h2.8451−5.163%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.240%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0057+0.190%$629K$503K10xas long as short
Extended XNG-USD+0.0032%1h3.0048+0.160%$110K$334K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.0070+0.233%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.233%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0045+0.150%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0073%8h3.0083+0.278%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0096%1h3.0054+0.180%$6.0M$5.6M10xas long as short
Pacifica NATGASshort+0.0100%1h3.0057+0.190%$68K$33K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0050+0.167%$1.5M$92K10xas long as short
Hotstuff NATGAS-PERP+0.0232%1h3.0077+0.257%$35K20xas long as short
HTX NATGAS-USDT+0.0277%4h3.0082+0.273%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0304%4h3.0054+0.179%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0378%4h3.0040+0.133%$1.0M$964K20xas long as short
Aster NATGASUSDT+0.0414%4h3.0050+0.167%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0517% / S −0.0463%1h3.0055+0.183%$92K45xas long as short
Gate NG_USDT+0.0583%8h3.0090+0.300%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0622%4h3.0060+0.201%$318K$434Kas long as short
Binance NATGASUSDT+0.0645%4h3.0049+0.164%$10.3M$28.3M100xas long as short
OKX NG-USDT-SWAP+0.0654%8h3.0070+0.233%$868K$1.7M50xas long as short
edgeX NATGASUSDC+0.0664%4h3.0051+0.171%$85K$212K20xas long as short
BloFin NG-USDT+0.0674%8h3.0070+0.233%$82K$195K20xas long as short
Bitget NATGASUSDT+0.1024%4h3.0030+0.100%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0080+0.268%$56K$35K20xas long as short