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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against Pacifica+0.170%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−0.210%−$21 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. SunX is 0.170% dearer against Pacifica than usual: you sell high and buy low (spread +0.170% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica NATGAS2.99900.0100pay 0.0013% / 1h28m 46s$69K$30K10x
ShortSunX NATGAS-USDT3.00410get 0.0000% / 4h3h 28m$2K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: +0.170% → 0.000%
$17.01
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$19.99
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Pacifica: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago15.14 bp28.1 bp −$28doesn'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 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
Hotstuff NATGAS-PERP−0.0144%1h3.0013+0.077%$35K20xas long as short
QFEX NATGAS-USD0.0000%1h3.0010+0.067%$658K$96K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8375−5.385%as long as short
SunX NATGAS-USDTshort0.0000%4h3.0041+0.170%$2K$2.3M20x
Lighter NATGAS+0.0032%1h3.0014+0.080%$631K$483K10xas long as short
Extended XNG-USD+0.0032%1h3.0005+0.050%$109K$253K5xas long as short
Vest NG-PERP+0.0046%1h3.0010+0.067%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0009+0.063%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9978−0.040%$82K$28K10xas long as short
Paradex NG-USD-PERP+0.0050%8h3.0016+0.088%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGASlong+0.0100%1h2.9990long leg$69K$30K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.033%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.033%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.133%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0150%4h3.0010+0.067%$1.1M$843K20xas long as short
HTX NATGAS-USDT+0.0167%4h3.0037+0.157%$118K$221K75xas long as short
Aster NATGASUSDT+0.0181%4h3.0030+0.133%$264K$69K50xas long as short
Gate NG_USDT+0.0246%8h3.0040+0.167%$1.5M$193K100xas long as short
GRVT NATGAS_USDT_Perp+0.0248%4h3.0010+0.067%$20K$221K25xas long as short
Variational Omni NATGAS+0.0346%4h3.0030+0.134%$318K$391Kas long as short
edgeX NATGASUSDC+0.0372%4h3.0028+0.127%$85K$213K20xas long as short
Binance NATGASUSDT+0.0377%4h3.0026+0.121%$10.4M$29.0M100xas long as short
BloFin NG-USDT+0.0477%8h3.0000+0.033%$76K$197K20xas long as short
OKX NG-USDT-SWAP+0.0501%8h3.0020+0.100%$802K$1.9M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0587% / S −0.0602%1h3.0025+0.117%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0685%1h3.0007+0.055%$53K$37K20xas long as short
Bitget NATGASUSDT+0.0850%4h3.0000+0.033%$9.9M$3.0M100xas long as short