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 +0.318%
Price spread now: Bitget against Pacifica−0.217%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 7 days+0.997%+$100 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Bitget is 0.217% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.217% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 11 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.997% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS2.99550.0100pay 0.0013% / 1h59m 39s$68K$33K10x
ShortBitget NATGASUSDT2.98900.0168get 0.0084% / 4h3h 59m$10.0M$3.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$14.28
Price spread: −0.217% → 0.000%
−$21.7
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$27.42
Costs to cover
0.200%
Break-even
20.4 days
Slippage unknown: Pacifica: no order-book sample; Bitget: live order book, 9 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 Bitget live order book, 9 min ago1.67 bp10.7 bp −$1120.8 bp −$20879.7 bp −$7,973doesn't fit
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
GRVT NATGAS_USDT_Perp0.0000%4h2.9949−0.021%$13K$238K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8319−5.462%as long as short
SunX NATGAS-USDT0.0000%4h2.9930−0.083%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9968+0.043%$98K$211K75xas long as short
Aster NATGASUSDT+0.0025%4h2.9960+0.017%$265K$73K50xas long as short
QFEX NATGAS-USD+0.0030%1h2.9950−0.017%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9964+0.030%$616K$412K10xas long as short
Extended XNG-USD+0.0032%1h2.9938−0.055%$110K$453K5xas long as short
Variational Omni NATGAS+0.0042%4h2.9961+0.020%$311K$443Kas long as short
Vest NG-PERP+0.0046%1h2.9950−0.017%$37810xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP+0.0048%1h2.9954−0.003%$35K20xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9971+0.053%$84K$43K10xas long as short
Paradex NG-USD-PERP+0.0061%8h2.9962+0.025%$5K5xas long as short
Pacifica NATGASlong+0.0100%1h2.9955long leg$68K$33K10x
KuCoin NATGASUSDTM+0.0100%4h2.9940−0.050%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.184%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.150%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9970+0.050%$1.5M$95K10xas long as short
BloFin NG-USDT+0.0118%8h2.9960+0.017%$80K$189K20xas long as short
OKX NG-USDT-SWAP+0.0125%8h2.9950−0.017%$856K$1.7M50xas long as short
tradeXYZ xyz:NATGAS+0.0149%1h2.9944−0.037%$5.9M$6.0M10xas long as short
Binance NATGASUSDT+0.0160%4h2.9960+0.017%$10.1M$29.9M100xas long as short
Gate NG_USDT+0.0162%8h2.9980+0.083%$1.5M$286K100xas long as short
edgeX NATGASUSDC+0.0165%4h2.9951−0.013%$85K$213K20xas long as short
Bitget NATGASUSDTshort+0.0168%4h2.9890−0.217%$10.0M$3.6M100x
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9965+0.033%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9971+0.052%$52K$39K20xas long as short