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+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.054%
Price spread now: HTX against Aster+0.048%53s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.048%, 7d avg +0.042%
Together, before fees−0.121%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NATGASUSDT3.00380.0374pay 0.0187% / 4h3h 39m$263K$74K50x
ShortHTX NATGAS-USDT3.00520.0402get 0.0201% / 4h3h 39m$107K$213K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$5.89
Price spread: +0.048% → +0.042%
$0.61
Slippage, 4 orders
−$59.19
Fee Aster: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$72.69
Costs to cover
0.792%
Break-even
93.4 days
Slippage from Aster: live order book, 12 min ago; HTX: live order book, 12 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 Aster live order book, 12 min ago6.65 bp41.8 bp −$42238.1 bp −$2,381doesn't fitdoesn't fit
Sell HTX live order book, 12 min ago1.50 bp13.0 bp −$1318.7 bp −$187doesn'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
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8396−5.465%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.014%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0009%1h3.0010−0.092%$668K$91K20xas long as short
Lighter NATGAS+0.0032%1h3.0004−0.112%$626K$501K10xas long as short
Extended XNG-USD+0.0032%1h2.9998−0.133%$110K$395K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.092%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h2.9999−0.129%$82K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0054%1h3.0005−0.109%$6.0M$5.7M10xas long as short
Paradex NG-USD-PERP+0.0074%8h3.0023−0.048%$5K5xas long as short
Pacifica NATGAS+0.0100%1h2.9985−0.176%$68K$33K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.125%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.125%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0020−0.059%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERP+0.0136%1h3.0011−0.089%$35K20xas long as short
KuCoin NATGASUSDTM+0.0326%4h3.0010−0.092%$1.0M$1.0M20xas long as short
Aster NATGASUSDTlong+0.0374%4h3.0038long leg$263K$74K50x
HTX NATGAS-USDTshort+0.0402%4h3.0052+0.048%$107K$213K75x
GRVT NATGAS_USDT_Perp+0.0468%4h3.0020−0.059%$12K$230K25xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0472% / S −0.0414%1h3.0015−0.075%$92K45xas long as short
Gate NG_USDT+0.0531%8h3.0050+0.041%$1.5M$192K100xas long as short
OKX NG-USDT-SWAP+0.0558%8h3.0020−0.059%$861K$1.7M50xas long as short
Variational Omni NATGAS+0.0576%4h3.0020−0.060%$316K$449Kas long as short
BloFin NG-USDT+0.0580%8h2.9990−0.159%$81K$191K20xas long as short
Binance NATGASUSDT+0.0597%4h3.0010−0.092%$10.2M$28.4M100xas long as short
edgeX NATGASUSDC+0.0600%4h3.0010−0.093%$85K$212K20xas long as short
Kraken Futures PF_NATGASUSD+0.0855%1h3.0042+0.015%$56K$35K20xas long as short
Bitget NATGASUSDT+0.0978%4h2.9990−0.159%$9.9M$3.2M100xas long as short