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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0986%/8h= +108.0% APRpaid last 24h +0.231%
Price spread now: Kraken Futures against SunX−0.011%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 7 days+0.753%+$75 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$30 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NATGAS-USDT3.00920get 0.0000% / 4h1h 18m$2K$2.4M20x
ShortKraken Futures PF_NATGASUSD3.00890.0986get 0.0123% / 1h18m 29s$56K$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
$207.14
Price spread: −0.011% → 0.000%
−$1.14
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$187.99
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: SunX: live order book, 8 min ago; Kraken Futures: no order-book sample. 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 SunX live order book, 8 min ago15.12 bp19.5 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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%1h2.8456−5.437%as long as short
SunX NATGAS-USDTlong0.0000%4h3.0092long leg$2K$2.4M20x
QFEX NATGAS-USD+0.0002%1h3.0080−0.040%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0093+0.003%$630K$502K10xas long as short
Extended XNG-USD+0.0032%1h3.0080−0.039%$111K$283K5xas long as short
Vest NG-PERP+0.0046%1h3.0090−0.007%$14K10xas long as short
HTX NATGAS-USDT+0.0048%4h3.0086−0.020%$107K$201K75xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0086−0.020%$6.0M$5.4M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0090−0.007%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0054%8h3.0105+0.045%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0074−0.060%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.027%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.027%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080−0.040%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0148%4h3.0070−0.073%$22K$211K25xas long as short
Hotstuff NATGAS-PERP+0.0216%1h3.0096+0.013%$35K20xas long as short
KuCoin NATGASUSDTM+0.0238%4h3.0060−0.106%$1.0M$912K20xas long as short
Aster NATGASUSDT+0.0270%4h3.0105+0.044%$265K$68K50xas long as short
Variational Omni NATGAS+0.0493%4h3.0070−0.074%$319K$393Kas long as short
Binance NATGASUSDT+0.0513%4h3.0095+0.009%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0546%4h3.0070−0.074%$85K$212K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0556% / S −0.0563%1h3.0075−0.056%$88K45xas long as short
Gate NG_USDT+0.0614%8h3.0100+0.027%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0637%8h3.0080−0.040%$83K$198K20xas long as short
OKX NG-USDT-SWAP+0.0651%8h3.0080−0.040%$876K$1.8M50xas long as short
Bitget NATGASUSDT+0.0944%4h3.0040−0.173%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSDshort+0.0986%1h3.0089−0.011%$56K$35K20x