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+0.0161%/8h= +17.6% APRnext payment +$1.61 per $10,000 · paid last 24h +0.075%
Price spread now: OKX against Paradex−0.055%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. OKX is 0.055% cheaper against Paradex than usual: you would sell low and buy high (spread −0.055% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex NG-USD-PERP3.00370.0055pay 0.0055% / 8h7h 24m$5K5x
ShortOKX NG-USDT-SWAP3.00200.0216get 0.0216% / 8h7h 24m$863K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$33.75
Price spread: −0.055% → 0.000%
−$5.52
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
$14.22
Costs to cover
0.140%
Break-even
4.0 days
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago1.67 bp8.5 bp −$815.8 bp −$158doesn'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%1h2.8391−5.479%as long as short
SunX NATGAS-USDT0.0000%4h3.0052+0.051%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0015%1h3.0030−0.022%$659K$85K20xas long as short
Lighter NATGAS+0.0032%1h3.0032−0.015%$617K$414K10xas long as short
Extended XNG-USD+0.0032%1h3.0024−0.041%$112K$452K5xas long as short
Vest NG-PERP+0.0046%1h3.0030−0.022%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0021−0.052%$5.9M$6.0M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0046+0.031%$84K$26K10xas long as short
Paradex NG-USD-PERPlong+0.0055%8h3.0037long leg$5K5x
Aster NATGASUSDT+0.0078%4h3.0030−0.022%$266K$73K50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0010−0.089%$68K$33K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h3.0020−0.055%$1.0M$1.1M20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.122%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.122%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040+0.011%$1.5M$95K10xas long as short
Variational Omni NATGAS+0.0154%4h3.0030−0.022%$312K$443Kas long as short
Hotstuff NATGAS-PERP+0.0160%1h3.0022−0.049%$35K20xas long as short
OKX NG-USDT-SWAPshort+0.0216%8h3.0020−0.055%$863K$1.7M50x
BloFin NG-USDT+0.0222%8h2.9990−0.155%$80K$189K20xas long as short
HTX NATGAS-USDT+0.0222%4h3.0059+0.075%$98K$211K75xas long as short
Binance NATGASUSDT+0.0245%4h3.0040+0.011%$10.1M$29.5M100xas long as short
edgeX NATGASUSDC+0.0255%4h3.0020−0.054%$85K$211K20xas long as short
Bitget NATGASUSDT+0.0322%4h3.0000−0.122%$10.0M$3.5M100xas long as short
GRVT NATGAS_USDT_Perp+0.0364%4h3.0020−0.055%$25K$214K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0409% / S −0.0345%1h3.0045+0.028%$92K45xas long as short
Gate NG_USDT+0.0496%8h3.0050+0.045%$1.5M$255K100xas long as short
Kraken Futures PF_NATGASUSD+0.1000%1h3.0046+0.032%$52K$36K20xas long as short