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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.008%
Price spread now: Extended against Pacifica+0.034%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+0.036%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Extended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.034% dearer against Pacifica than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00570.0100pay 0.0013% / 1h34m 38s$68K$33K10x
ShortExtended XNG-USD3.00670.0032get 0.0004% / 1h34m 38s$110K$334K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.034% → 0.000%
$3.41
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.87
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Extended: live order book, 13 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 Extended live order book, 13 min ago0.83 bp3.5 bp −$47.6 bp −$76doesn't fitdoesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8464−5.300%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.083%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0079+0.073%$629K$503K10xas long as short
Extended XNG-USDshort+0.0032%1h3.0067+0.034%$110K$334K5x
QFEX NATGAS-USD+0.0033%1h3.0070+0.043%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.043%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0045−0.040%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0073%8h3.0083+0.088%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0098%1h3.0068+0.037%$6.0M$5.6M10xas long as short
Pacifica NATGASlong+0.0100%1h3.0057long leg$68K$33K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.190%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.190%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060+0.010%$1.5M$92K10xas long as short
Hotstuff NATGAS-PERP+0.0232%1h3.0077+0.067%$35K20xas long as short
HTX NATGAS-USDT+0.0291%4h3.0080+0.077%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0304%4h3.0054−0.011%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0378%4h3.0050−0.023%$1.0M$964K20xas long as short
Aster NATGASUSDT+0.0414%4h3.0071+0.045%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0517% / S −0.0463%1h3.0065+0.027%$92K45xas long as short
Gate NG_USDT+0.0583%8h3.0100+0.143%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0622%4h3.0060+0.011%$318K$434Kas long as short
Binance NATGASUSDT+0.0645%4h3.0068+0.037%$10.3M$28.1M100xas long as short
OKX NG-USDT-SWAP+0.0655%8h3.0070+0.043%$868K$1.7M50xas long as short
edgeX NATGASUSDC+0.0664%4h3.0051−0.019%$85K$212K20xas long as short
BloFin NG-USDT+0.0674%8h3.0070+0.043%$82K$195K20xas long as short
Bitget NATGASUSDT+0.1024%4h3.0040−0.057%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0086+0.097%$56K$35K20xas long as short