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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.001%
Price spread now: HTX against Pacifica+0.143%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−0.174%−$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.143% dearer against Pacifica than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00420.0100pay 0.0013% / 1h28m 33s$68K$33K10x
ShortHTX NATGAS-USDT3.00850.0057get 0.0028% / 4h1h 28m$107K$204K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$9.07
Price spread: +0.143% → 0.000%
$14.31
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.76
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; HTX: 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 HTX live order book, 13 min ago3.16 bp9.3 bp −$917.6 bp −$176doesn'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%1h2.8450−5.299%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.166%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0060+0.060%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0067+0.083%$629K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0057+0.051%$111K$283K5xas long as short
Vest NG-PERP+0.0046%1h3.0070+0.093%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0089+0.156%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0055%8h3.0083+0.135%$5K5xas long as short
HTX NATGAS-USDTshort+0.0057%4h3.0085+0.143%$107K$204K75x
tradeXYZ xyz:NATGAS+0.0058%1h3.0066+0.080%$6.0M$5.5M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASlong+0.0100%1h3.0042long leg$68K$33K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.193%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.193%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.093%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERP+0.0104%1h3.0071+0.097%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0152%4h3.0064+0.073%$22K$210K25xas long as short
KuCoin NATGASUSDTM+0.0272%4h3.0050+0.027%$1.0M$919K20xas long as short
Aster NATGASUSDT+0.0289%4h3.0083+0.138%$265K$70K50xas long as short
Variational Omni NATGAS+0.0511%4h3.0070+0.092%$318K$432Kas long as short
Binance NATGASUSDT+0.0535%4h3.0070+0.093%$10.3M$28.6M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0549% / S −0.0555%1h3.0075+0.110%$88K45xas long as short
edgeX NATGASUSDC+0.0553%4h3.0070+0.092%$85K$213K20xas long as short
Gate NG_USDT+0.0631%8h3.0080+0.126%$1.5M$196K100xas long as short
OKX NG-USDT-SWAP+0.0657%8h3.0060+0.060%$874K$1.8M50xas long as short
BloFin NG-USDT+0.0669%8h3.0050+0.027%$83K$195K20xas long as short
Bitget NATGASUSDT+0.0962%4h3.0040−0.007%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0088+0.153%$56K$35K20xas long as short