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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.040%
Price spread now: KuCoin against Pacifica−0.010%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+0.074%+$7 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS3.00030.0100pay 0.0013% / 1h48m 30s$68K$39K10x
ShortKuCoin NATGASUSDTM3.00000.0138get 0.0069% / 4h1h 48m$1.1M$801K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$7.98
Price spread: −0.010% → 0.000%
−$1
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.02
Costs to cover
0.200%
Break-even
18.4 days
Slippage unknown: Pacifica: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago1.67 bp23.7 bp −$24doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NATGAS-PERP−0.1600%1h3.0035+0.107%$35K20xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h3.0026+0.077%$55K$45K20xas long as short
QFEX NATGAS-USD−0.0004%1h3.0010+0.023%$661K$99K20xas long as short
Aster NATGASUSDT0.0000%4h3.0000−0.010%$258K$74K50xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0000−0.010%$19K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8360−5.476%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.130%$2K$1.7M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0028+0.083%$118K$220K75xas long as short
Lighter NATGAS+0.0032%1h3.0008+0.017%$650K$790K10xas long as short
Extended XNG-USD+0.0032%1h3.0009+0.019%$122K$368K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.0010+0.023%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.00030.000%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9960−0.143%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0020+0.057%$5K5xas long as short
Variational Omni NATGAS+0.0086%4h2.9977−0.085%$355K$426Kas long as short
Pacifica NATGASlong+0.0100%1h3.0003long leg$68K$39K10x
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.343%$36K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.010%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.090%$1.5M$93K10xas long as short
KuCoin NATGASUSDTMshort+0.0138%4h3.0000−0.010%$1.1M$801K20x
edgeX NATGASUSDC+0.0157%4h2.9982−0.069%$85K$211K20xas long as short
Binance NATGASUSDT+0.0158%4h3.0020+0.057%$10.0M$32.5M100xas long as short
Gate NG_USDT+0.0271%8h3.0050+0.157%$1.5M$200K100xas long as short
BloFin NG-USDT+0.0336%8h3.0000−0.010%$80K$201K20xas long as short
OKX NG-USDT-SWAP+0.0352%8h3.0010+0.023%$833K$2.0M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h2.9995−0.027%$88K45xas long as short
Bitget NATGASUSDT+0.0702%4h2.9990−0.043%$9.9M$2.9M100xas long as short