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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0466%/8h= +51.1% APRnext payment +$4.66 per $10,000 · paid last 24h +0.075%
Price spread now: BloFin against Paradex−0.067%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 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
Funding pays, the price is against you. BloFin is 0.067% cheaper against Paradex than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00600.0054pay 0.0054% / 8h4h 12m$5K5x
ShortBloFin NG-USDT3.00400.0520get 0.0520% / 8h4h 12m$81K$192K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$97.96
Price spread: −0.067% → 0.000%
−$6.66
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
$75.31
Costs to cover
0.160%
Break-even
1.6 days
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 17 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 BloFin live order book, 17 min ago1.66 bp10.2 bp −$1016.0 bp −$16071.3 bp −$7,129doesn't fit
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 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%1h2.8466−5.303%as long as short
SunX NATGAS-USDT0.0000%4h3.0062+0.007%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0040−0.067%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0050−0.033%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0038−0.073%$110K$407K5xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.033%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h3.0051−0.030%$35K20xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0051−0.030%$83K$26K10xas long as short
Paradex NG-USD-PERPlong+0.0054%8h3.0060long leg$5K5x
tradeXYZ xyz:NATGAS+0.0079%1h3.0041−0.063%$6.0M$5.8M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0033−0.090%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.200%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.200%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040−0.067%$1.5M$94K10xas long as short
HTX NATGAS-USDT+0.0168%4h3.0066+0.020%$105K$211K75xas long as short
GRVT NATGAS_USDT_Perp+0.0318%4h3.0058−0.006%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0328%4h3.0030−0.100%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0384%4h3.0041−0.063%$266K$73K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0458% / S −0.0398%1h3.0045−0.050%$92K45xas long as short
Gate NG_USDT+0.0489%8h3.0070+0.033%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0510%8h3.0050−0.033%$860K$1.7M50xas long as short
BloFin NG-USDTshort+0.0520%8h3.0040−0.067%$81K$192K20x
Variational Omni NATGAS+0.0587%4h3.0050−0.034%$317K$449Kas long as short
Binance NATGASUSDT+0.0601%4h3.0040−0.067%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0622%4h3.0050−0.032%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0974%4h3.0010−0.166%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0993%1h3.0055−0.018%$54K$33K20xas long as short