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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0371%/8h= −40.7% APRpaid last 24h −0.073%
Price spread now: gTrade (Gains Network) against Aster−5.234%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and gTrade (Gains Network) is 5.234% cheaper against Aster than usual: you would sell low and buy high (−$523 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00220.0371pay 0.0186% / 4h10m 27s$266K$73K50x
ShortgTrade (Gains Network) NATGAS/USD2.8451L 0.0000% / S 0.0000%pay 0.0000% / 1h10m 27s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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
−$77.99
Price spread: −5.234% → 0.000%
−$523.39
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$619.38
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 46 min ago; gTrade (Gains Network): 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 Aster live order book, 46 min ago6.66 bp71.4 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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/USDshortL 0.0000% / S 0.0000%1h2.8451−5.234%
SunX NATGAS-USDT0.0000%4h3.0052+0.099%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0022%1h3.0020−0.008%$669K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0021−0.004%$619K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0022−0.002%$110K$405K5xas long as short
Vest NG-PERP+0.0046%1h3.0030+0.026%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0030+0.026%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0054%8h3.0041+0.061%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0070%1h3.0023+0.002%$6.0M$5.8M10xas long as short
Pacifica NATGAS+0.0100%1h3.0013−0.031%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.074%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.074%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.026%$1.5M$94K10xas long as short
HTX NATGAS-USDT+0.0162%4h3.0037+0.049%$105K$211K75xas long as short
Hotstuff NATGAS-PERP+0.0208%1h3.0040+0.059%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0318%4h3.0058+0.119%$25K$227K25xas long as short
KuCoin NATGASUSDTM+0.0320%4h3.0010−0.041%$1.0M$1.0M20xas long as short
Aster NATGASUSDTlong+0.0371%4h3.0022long leg$266K$73K50x
GMX NATGAS/USD [ETH-USDC]L +0.0459% / S −0.0399%1h3.0035+0.042%$92K45xas long as short
Gate NG_USDT+0.0493%8h3.0060+0.125%$1.5M$194K100xas long as short
OKX NG-USDT-SWAP+0.0513%8h3.0030+0.026%$860K$1.7M50xas long as short
BloFin NG-USDT+0.0537%8h3.0040+0.059%$81K$192K20xas long as short
Variational Omni NATGAS+0.0574%4h3.0029+0.024%$317K$449Kas long as short
Binance NATGASUSDT+0.0590%4h3.0028+0.020%$10.2M$28.5M100xas long as short
edgeX NATGASUSDC+0.0622%4h3.0050+0.093%$85K$213K20xas long as short
Bitget NATGASUSDT+0.0966%4h3.0000−0.074%$9.9M$3.3M100xas long as short
Kraken Futures PF_NATGASUSD+0.0994%1h3.0039+0.055%$54K$33K20xas long as short