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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0371%/8h= −40.7% APRpaid last 24h −0.102%
Price spread now: SunX against BloFin+0.173%7-day average +0.101% · you sell dearer than you buy
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−0.493%−$49 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.173%, 7d avg +0.101%
Together, before fees−0.594%−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.073% dearer against BloFin than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.101%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NG-USDT3.00000.0371pay 0.0371% / 8h5h 42m$80K$201K20x
ShortSunX NATGAS-USDT3.00520get 0.0000% / 4h1h 42m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$77.97
Price spread: +0.173% → +0.101%
$7.25
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$90.72
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 62 min ago; SunX: live order book, 7 min ago. 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 BloFin live order book, 62 min ago1.67 bp14.3 bp −$1416.3 bp −$163doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago500.33 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

NATGAS on 27 exchanges

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−0.1600%1h3.0017+0.057%$35K20xas long as short
Kraken Futures PF_NATGASUSD−0.0077%1h3.0032+0.106%$54K$46K20xas long as short
QFEX NATGAS-USD−0.0004%1h3.0020+0.067%$661K$99K20xas long as short
Aster NATGASUSDT0.0000%4h3.00000.000%$258K$74K50xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0034+0.112%$19K$200K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8355−5.483%as long as short
SunX NATGAS-USDTshort0.0000%4h3.0052+0.173%$2K$1.7M20x
HTX NATGAS-USDT0.0000%4h3.0050+0.167%$118K$220K75xas long as short
Lighter NATGAS+0.0032%1h3.0022+0.073%$649K$793K10xas long as short
Extended XNG-USD+0.0032%1h3.0018+0.059%$122K$368K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.0030+0.100%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0022+0.073%$6.0M$4.9M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0013+0.043%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0025+0.084%$5K5xas long as short
Variational Omni NATGAS+0.0088%4h3.0027+0.091%$356K$426Kas long as short
Pacifica NATGAS+0.0100%1h3.00000.000%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.00000.000%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030+0.100%$1.5M$93K10xas long as short
KuCoin NATGASUSDTM+0.0130%4h3.00000.000%$1.1M$797K20xas long as short
edgeX NATGASUSDC+0.0166%4h3.0024+0.079%$85K$212K20xas long as short
Binance NATGASUSDT+0.0169%4h3.0030+0.100%$10.0M$32.7M100xas long as short
Gate NG_USDT+0.0270%8h3.0050+0.167%$1.5M$200K100xas long as short
OKX NG-USDT-SWAP+0.0346%8h3.0010+0.033%$833K$2.0M50xas long as short
BloFin NG-USDTlong+0.0371%8h3.0000long leg$80K$201K20x
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0035+0.117%$88K45xas long as short
Bitget NATGASUSDT+0.0710%4h3.00000.000%$9.9M$2.9M100xas long as short