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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.109%
Price spread now: Binance against Paradex0.000%48s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: +$4 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP2.99500.0067pay 0.0067% / 8h17m 55s$5K5x
ShortBinance NATGASUSDT2.99500.0202get 0.0101% / 4h17m 55s$10.1M$30.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
$28.32
Price spread: 0.000% → 0.000%
$0.04
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
$14.36
Costs to cover
0.140%
Break-even
3.5 days
Slippage unknown: Paradex: no order-book sample; Binance: 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 Paradex no order-book sample
Sell Binance live order book, 8 min ago1.67 bp6.7 bp −$78.7 bp −$8735.8 bp −$3,575137.1 bp −$68.5K
Paradex: 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 26 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−0.0024%1h2.9947−0.010%$35K20xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h2.9948−0.007%$13K$238K25xas long as short
SunX NATGAS-USDT0.0000%4h2.9972+0.074%$2K$2.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9987+0.124%$98K$212K75xas long as short
QFEX NATGAS-USD+0.0030%1h2.99500.000%$657K$86K20xas long as short
Lighter NATGAS+0.0032%1h2.9965+0.050%$616K$419K10xas long as short
Vest NG-PERP+0.0046%1h2.99500.000%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9947−0.010%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9940−0.033%$84K$43K10xas long as short
Extended XNG-USD+0.0064%1h2.9938−0.041%$110K$453K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERPlong+0.0067%8h2.9950long leg$5K5x
Aster NATGASUSDT+0.0074%4h2.9960+0.034%$265K$73K50xas long as short
Pacifica NATGAS+0.0100%1h2.9948−0.007%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.99500.000%$1.0M$1.2M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.167%$36K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.167%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9960+0.034%$1.5M$97K10xas long as short
BloFin NG-USDT+0.0113%8h2.9940−0.033%$80K$189K20xas long as short
Variational Omni NATGAS+0.0115%4h2.9951+0.004%$311K$443Kas long as short
OKX NG-USDT-SWAP+0.0136%8h2.9960+0.034%$856K$1.7M50xas long as short
Gate NG_USDT+0.0174%8h2.9980+0.101%$1.5M$285K100xas long as short
Binance NATGASUSDTshort+0.0202%4h2.99500.000%$10.1M$30.0M100x
edgeX NATGASUSDC+0.0252%4h2.9951+0.003%$85K$212K20xas long as short
Bitget NATGASUSDT+0.0292%4h2.9930−0.066%$10.0M$3.7M100xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0406% / S −0.0333%1h2.9955+0.017%$93K45xas long as short
Kraken Futures PF_NATGASUSD+0.1217%1h2.9970+0.067%$52K$39K20xas long as short