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+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.008%
Price spread now: Pacifica against Extended−0.043%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 7 days−0.036%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Pacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.043% cheaper against Extended than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XNG-USD3.00860.0032pay 0.0004% / 1h51m 05s$110K$332K5x
ShortPacifica NATGAS3.00740.0100get 0.0013% / 1h51m 05s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$14.28
Price spread: −0.043% → 0.000%
−$4.26
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$2.98
Costs to cover
0.130%
Break-even
8.5 days
Slippage unknown: Extended: live order book, 56 min ago; Pacifica: 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 Extended live order book, 56 min ago0.83 bp3.9 bp −$48.8 bp −$88doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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/USDL 0.0000% / S 0.0000%1h2.8479−5.343%as long as short
SunX NATGAS-USDT0.0000%4h3.0112+0.085%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0002%1h3.0090+0.012%$660K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0091+0.015%$630K$500K10xas long as short
Extended XNG-USDlong+0.0032%1h3.0086long leg$110K$332K5x
HTX NATGAS-USDT+0.0043%4h3.0087+0.002%$107K$209K75xas long as short
Vest NG-PERP+0.0046%1h3.0090+0.012%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0101+0.049%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0059%8h3.0114+0.090%$5K5xas long as short
Hotstuff NATGAS-PERP+0.0064%1h3.0100+0.045%$35K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:NATGAS+0.0083%1h3.0096+0.032%$6.0M$5.5M10xas long as short
Pacifica NATGASshort+0.0100%1h3.0074−0.043%$68K$33K10x
ApeX Omni NATGASUSDT+0.0100%1h3.0100+0.045%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0100+0.045%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0090+0.012%$1.5M$93K10xas long as short
GRVT NATGAS_USDT_Perp+0.0128%4h3.0100+0.045%$22K$210K25xas long as short
KuCoin NATGASUSDTM+0.0284%4h3.0080−0.021%$1.0M$937K20xas long as short
Aster NATGASUSDT+0.0303%4h3.0118+0.106%$265K$70K50xas long as short
Variational Omni NATGAS+0.0525%4h3.0090+0.011%$318K$432Kas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0539% / S −0.0542%1h3.0095+0.029%$88K45xas long as short
Binance NATGASUSDT+0.0546%4h3.0090+0.012%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0555%4h3.0087+0.002%$85K$212K20xas long as short
Gate NG_USDT+0.0629%8h3.0120+0.112%$1.5M$195K100xas long as short
OKX NG-USDT-SWAP+0.0652%8h3.0090+0.012%$872K$1.8M50xas long as short
BloFin NG-USDT+0.0663%8h3.0070−0.054%$82K$195K20xas long as short
Bitget NATGASUSDT+0.0968%4h3.0070−0.054%$9.9M$3.1M100xas long as short
Kraken Futures PF_NATGASUSD+0.0986%1h3.0111+0.082%$56K$35K20xas long as short