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+0.0449%/8h= +49.1% APRnext payment +$4.49 per $10,000 · paid last 24h +0.086%
Price spread now: Gate against Paradex−0.044%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. Gate is 0.044% cheaper against Paradex than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00730.0073pay 0.0073% / 8h3h 47m$5K5x
ShortGate NG_USDT3.00600.0522get 0.0522% / 8h3h 47m$1.5M$191K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$94.19
Price spread: −0.044% → 0.000%
−$4.37
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$70.81
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Paradex: no order-book sample; Gate: live order book, just now. 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 Gate live order book, just now1.66 bp23.4 bp −$2359.9 bp −$599doesn't fitdoesn'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%1h2.8414−5.517%as long as short
SunX NATGAS-USDT0.0000%4h3.0062−0.037%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0040−0.110%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0002−0.237%$626K$499K10xas long as short
Extended XNG-USD+0.0032%1h3.0002−0.237%$110K$407K5xas long as short
Hotstuff NATGAS-PERP+0.0040%1h3.0043−0.100%$35K20xas long as short
Vest NG-PERP+0.0046%1h3.0020−0.177%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030−0.143%$82K$26K10xas long as short
Paradex NG-USD-PERPlong+0.0073%8h3.0073long leg$5K5x
tradeXYZ xyz:NATGAS+0.0093%1h3.0011−0.207%$6.0M$5.7M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0011−0.207%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.243%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.243%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.143%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0326%4h3.0020−0.177%$1.0M$1.0M20xas long as short
Aster NATGASUSDT+0.0371%4h3.0040−0.110%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0470% / S −0.0412%1h3.0025−0.160%$92K45xas long as short
Gate NG_USDTshort+0.0522%8h3.0060−0.044%$1.5M$191K100x
BloFin NG-USDT+0.0527%8h3.0050−0.077%$81K$192K20xas long as short
OKX NG-USDT-SWAP+0.0549%8h3.0030−0.143%$863K$1.7M50xas long as short
Variational Omni NATGAS+0.0561%4h3.0040−0.111%$317K$449Kas long as short
HTX NATGAS-USDT+0.0581%4h3.0055−0.060%$107K$214K75xas long as short
edgeX NATGASUSDC+0.0588%4h3.0049−0.080%$85K$213K20xas long as short
Binance NATGASUSDT+0.0596%4h3.0030−0.143%$10.2M$28.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0622%4h3.0040−0.110%$25K$218K25xas long as short
Kraken Futures PF_NATGASUSD+0.0856%1h3.0035−0.127%$54K$33K20xas long as short
Bitget NATGASUSDT+0.0984%4h2.9990−0.277%$9.9M$3.2M100xas long as short