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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.009%
Price spread now: HTX against Paradex−0.003%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
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
LongParadex NG-USD-PERP2.99710.0076pay 0.0076% / 8h6h 56m$5K5x
ShortHTX NATGAS-USDT2.99700.0027get 0.0014% / 4h2h 56m$118K$222K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$10.15
Price spread: −0.003% → 0.000%
−$0.25
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$26.4
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: live order book, 35 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 HTX live order book, 35 min ago3.83 bp10.8 bp −$1116.0 bp −$160doesn'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%1h2.8324−5.495%as long as short
SunX NATGAS-USDT0.0000%4h2.9982+0.038%$2K$2.1M20xas long as short
QFEX NATGAS-USD+0.0024%1h2.9960−0.036%$660K$98K20xas long as short
HTX NATGAS-USDTshort+0.0027%4h2.9970−0.003%$118K$222K75x
Lighter NATGAS+0.0032%1h2.9968−0.009%$632K$484K10xas long as short
Extended XNG-USD+0.0032%1h2.9962−0.031%$112K$259K5xas long as short
Vest NG-PERP+0.0046%1h2.9970−0.003%$14K10xas long as short
Hotstuff NATGAS-PERP+0.0048%1h2.9953−0.059%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9968−0.009%$5.9M$5.6M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9973+0.007%$84K$28K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERPlong+0.0076%8h2.9971long leg$5K5x
Pacifica NATGAS+0.0100%1h2.9947−0.080%$70K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.9900−0.236%$36K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.9900−0.236%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9970−0.003%$1.5M$92K10xas long as short
Aster NATGASUSDT+0.0215%4h2.9953−0.060%$264K$68K50xas long as short
KuCoin NATGASUSDTM+0.0228%4h2.9960−0.036%$1.1M$849K20xas long as short
Gate NG_USDT+0.0244%8h3.0000+0.098%$1.5M$198K100xas long as short
GRVT NATGAS_USDT_Perp+0.0282%4h2.9946−0.081%$20K$205K25xas long as short
Kraken Futures PF_NATGASUSD+0.0298%1h2.9959−0.038%$53K$45K20xas long as short
Binance NATGASUSDT+0.0404%4h2.9970−0.003%$9.8M$31.6M100xas long as short
Variational Omni NATGAS+0.0405%4h2.9949−0.071%$355K$429Kas long as short
edgeX NATGASUSDC+0.0438%4h2.9959−0.038%$85K$211K20xas long as short
BloFin NG-USDT+0.0476%8h2.9960−0.036%$77K$198K20xas long as short
OKX NG-USDT-SWAP+0.0488%8h2.9950−0.069%$812K$1.9M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0586% / S −0.0602%1h2.9965−0.019%$88K45xas long as short
Bitget NATGASUSDT+0.0856%4h2.9950−0.069%$9.9M$3.0M100xas long as short