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+0.0023%/8h= +2.5% APRpaid last 24h +0.009%
Price spread now: HTX against Extended+0.066%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.283% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.066%, 7d avg +0.063%
Together, before fees−0.162%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.063%, 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 −0.210%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XNG-USD3.00670.0032pay 0.0004% / 1h24m 16s$111K$283K5x
ShortHTX NATGAS-USDT3.00870.0055get 0.0028% / 4h1h 24m$107K$201K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
$4.88
Price spread: +0.066% → +0.063%
$0.34
Slippage, 4 orders
−$11.27
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$23.04
Costs to cover
0.283%
Break-even
40.0 days
Slippage from Extended: live order book, 18 min ago; HTX: live order book, 17 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 Extended live order book, 18 min ago1.00 bp4.2 bp −$49.2 bp −$92doesn't fitdoesn't fit
Sell HTX live order book, 17 min ago3.16 bp9.3 bp −$917.6 bp −$176doesn'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%1h2.8461−5.342%as long as short
SunX NATGAS-USDT0.0000%4h3.0092+0.083%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0070+0.009%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0080+0.043%$630K$502K10xas long as short
Extended XNG-USDlong+0.0032%1h3.0067long leg$111K$283K5x
Vest NG-PERP+0.0046%1h3.0070+0.009%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0069+0.006%$6.0M$5.4M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0056−0.037%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0055%8h3.0088+0.068%$5K5xas long as short
HTX NATGAS-USDTshort+0.0055%4h3.0087+0.066%$107K$201K75x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0052−0.051%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.109%$37K$217K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.109%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.009%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0152%4h3.0064−0.011%$22K$210K25xas long as short
Hotstuff NATGAS-PERP+0.0224%1h3.0078+0.036%$35K20xas long as short
KuCoin NATGASUSDTM+0.0260%4h3.0050−0.057%$1.0M$915K20xas long as short
Aster NATGASUSDT+0.0285%4h3.0094+0.089%$265K$70K50xas long as short
Variational Omni NATGAS+0.0508%4h3.0070+0.009%$319K$393Kas long as short
Binance NATGASUSDT+0.0527%4h3.0070+0.009%$10.3M$28.6M100xas long as short
edgeX NATGASUSDC+0.0547%4h3.0070+0.009%$85K$211K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0553% / S −0.0560%1h3.0075+0.026%$88K45xas long as short
Gate NG_USDT+0.0626%8h3.0090+0.076%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0630%8h3.0050−0.057%$83K$198K20xas long as short
OKX NG-USDT-SWAP+0.0654%8h3.0080+0.043%$877K$1.8M50xas long as short
Bitget NATGASUSDT+0.0958%4h3.0040−0.090%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0086+0.064%$56K$35K20xas long as short