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

NATGAS

RWAall NATGAS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Extended against QFEX+0.017%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now +0.017%, 7d avg +0.016%
Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NATGAS-USD2.99000.0160pay 0.0020% / 1h48m 34s$656K$86K20x
ShortExtended XNG-USD2.99050.0168get 0.0021% / 1h48m 34s$113K$1.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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
$1.68
Price spread: +0.017% → +0.016%
$0.09
Slippage, 4 orders
−$13.18
Fee QFEX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.4
Costs to cover
0.282%
Break-even
117.0 days
Slippage from QFEX: live order book, 21 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 21 min ago3.34 bp11.7 bp −$1211.7 bp −$117doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago1.17 bp4.2 bp −$48.1 bp −$81doesn't fitdoesn't fit

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
Hotstuff NATGAS-PERP−0.0064%1h2.9916+0.054%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8281−5.415%as long as short
SunX NATGAS-USDT0.0000%4h2.9932+0.107%$2K$2.6M20xas long as short
Lighter NATGAS+0.0032%1h2.9905+0.017%$618K$410K10xas long as short
Vest NG-PERP+0.0046%1h2.9920+0.067%$37810xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h2.9911+0.037%$6.0M$5.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9874−0.087%$84K$49K10xas long as short
Pacifica NATGAS+0.0100%1h2.9904+0.013%$68K$34K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h2.99000.000%$36K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h2.99000.000%$3K$54410xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NGUSDT+0.0100%4h2.99000.000%$1.5M$102K10xas long as short
QFEX NATGAS-USDlong+0.0160%1h2.9900long leg$656K$86K20x
Extended XNG-USDshort+0.0168%1h2.9905+0.017%$113K$1.2M5x
Paradex NG-USD-PERP+0.0184%8h2.9911+0.038%$5K5xas long as short
Gate NG_USDT+0.0225%8h2.9940+0.134%$1.5M$306K100xas long as short
BloFin NG-USDT+0.0401%8h2.9880−0.067%$84K$189K20xas long as short
OKX NG-USDT-SWAP+0.0414%8h2.9880−0.067%$897K$1.7M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0415% / S −0.0333%1h2.9915+0.050%$93K25xas long as short
KuCoin NATGASUSDTM+0.0428%4h2.9910+0.033%$1.0M$1.2M20xas long as short
Kraken Futures PF_NATGASUSD+0.0515%1h2.9934+0.112%$52K$50K20xas long as short
HTX NATGAS-USDT+0.0614%4h2.9931+0.104%$98K$217K75xas long as short
GRVT NATGAS_USDT_Perp+0.0762%4h2.9898−0.008%$13K$246K25xas long as short
Aster NATGASUSDT+0.0791%4h2.9939+0.132%$265K$105K50xas long as short
Variational Omni NATGAS+0.0831%4h2.9892−0.025%$310K$446Kas long as short
Binance NATGASUSDT+0.0852%4h2.9916+0.052%$10.1M$32.2M100xas long as short
edgeX NATGASUSDC+0.0897%4h2.9891−0.029%$85K$213K20xas long as short
Bitget NATGASUSDT+0.1072%4h2.9890−0.033%$10.0M$4.0M100xas long as short