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−0.0122%/8h= −13.4% APRnext payment $0.15 per $10,000 · paid last 24h −0.001%
Price spread now: Hotstuff against tradeXYZ−0.007%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 airdroptradeXYZ: Active · Hotstuff: 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: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NATGAS3.00720.0050pay 0.0006% / 1h34m 03s$6.0M$5.2M10x
ShortHotstuff NATGAS-PERP3.0070−0.0072pay 0.0009% / 1h34m 03s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against tradeXYZ. 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
−$25.62
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$49.29
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Hotstuff: 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 tradeXYZ live order book, 4 min ago0.67 bp10.2 bp −$1012.6 bp −$126doesn't fitdoesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Hotstuff NATGAS-PERPshort−0.0072%1h3.0070−0.007%$35K20x
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8439−5.430%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.033%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0076+0.013%$117K$216K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0050−0.073%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0077+0.017%$631K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0061−0.036%$111K$271K5xas long as short
Vest NG-PERP+0.0046%1h3.0070−0.007%$14K10xas long as short
tradeXYZ xyz:NATGASlong+0.0050%1h3.0072long leg$6.0M$5.2M10x
Ondo Perps NATGAS-USD.P+0.0050%1h3.0081+0.030%$83K$26K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex NG-USD-PERP+0.0052%8h3.0073+0.003%$5K5xas long as short
GRVT NATGAS_USDT_Perp+0.0084%4h3.0039−0.108%$15K$222K25xas long as short
Pacifica NATGAS+0.0100%1h3.0061−0.038%$70K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.093%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.239%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0080+0.027%$1.5M$91K10xas long as short
KuCoin NATGASUSDTM+0.0174%4h3.0060−0.040%$1.0M$886K20xas long as short
Aster NATGASUSDT+0.0187%4h3.0067−0.015%$265K$65K50xas long as short
Variational Omni NATGAS+0.0402%4h3.0069−0.010%$319K$390Kas long as short
Binance NATGASUSDT+0.0423%4h3.0075+0.009%$10.4M$28.5M100xas long as short
edgeX NATGASUSDC+0.0441%4h3.0054−0.060%$85K$212K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0577% / S −0.0588%1h3.0075+0.010%$88K45xas long as short
Gate NG_USDT+0.0579%8h3.0090+0.060%$1.5M$195K100xas long as short
OKX NG-USDT-SWAP+0.0622%8h3.0050−0.073%$854K$1.8M50xas long as short
BloFin NG-USDT+0.0643%8h3.0060−0.040%$82K$198K20xas long as short
Kraken Futures PF_NATGASUSD+0.0861%1h3.0082+0.033%$56K$36K20xas long as short
Bitget NATGASUSDT+0.0870%4h3.0040−0.106%$9.9M$3.0M100xas long as short