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+0.0120%/8h= +13.2% APRpaid last 24h +0.085%
Price spread now: Binance against Pacifica+0.053%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 7 days+0.125%+$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.053% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00040.0100pay 0.0013% / 1h36m 35s$68K$33K10x
ShortBinance NATGASUSDT3.00200.0220get 0.0110% / 4h3h 36m$10.1M$29.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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
$25.24
Price spread: +0.053% → 0.000%
$5.33
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$12.57
Costs to cover
0.180%
Break-even
3.5 days
Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 5 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 Pacifica no order-book sample
Sell Binance live order book, 5 min ago1.67 bp6.7 bp −$710.7 bp −$10735.7 bp −$3,573136.9 bp −$68.4K
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%1h2.8366−5.459%as long as short
SunX NATGAS-USDT0.0000%4h3.0032+0.093%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0010+0.020%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0024+0.067%$617K$413K10xas long as short
Extended XNG-USD+0.0032%1h3.0003−0.005%$112K$452K5xas long as short
Hotstuff NATGAS-PERP+0.0032%1h3.0000−0.013%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0000−0.013%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0003−0.003%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973−0.103%$84K$36K10xas long as short
Paradex NG-USD-PERP+0.0057%8h3.0021+0.056%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NATGASUSDT+0.0066%4h3.0030+0.087%$266K$73K50xas long as short
Pacifica NATGASlong+0.0100%1h3.0004long leg$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h3.0000−0.013%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.013%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.013%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010+0.020%$1.5M$95K10xas long as short
Variational Omni NATGAS+0.0110%4h2.9980−0.079%$311K$443Kas long as short
BloFin NG-USDT+0.0163%8h2.9970−0.113%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0194%8h3.0010+0.020%$862K$1.7M50xas long as short
edgeX NATGASUSDC+0.0218%4h2.9989−0.050%$85K$212K20xas long as short
Binance NATGASUSDTshort+0.0220%4h3.0020+0.053%$10.1M$29.5M100x
HTX NATGAS-USDT+0.0283%4h3.0035+0.103%$98K$211K75xas long as short
Bitget NATGASUSDT+0.0284%4h2.9980−0.080%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0404%4h2.9980−0.080%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0343%1h3.0015+0.037%$92K45xas long as short
Gate NG_USDT+0.0530%8h3.0030+0.087%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1001%1h3.0019+0.050%$52K$39K20xas long as short