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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0846%/8h= +92.6% APRpaid last 24h +0.230%
Price spread now: Bitget against gTrade (Gains Network)+5.661%7-day average · 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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bitget is 5.661% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$566 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) NATGAS/USD2.8421L 0.0000% / S 0.0000%get 0.0000% / 1h35m 16s
ShortBitget NATGASUSDT3.00300.0846get 0.0423% / 4h3h 35m$9.9M$3.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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
$177.66
Price spread: +5.661% → 0.000%
$566.13
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$721.79
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 3 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 gTrade (Gains Network) no order-book sample
Sell Bitget live order book, 3 min ago1.67 bp10.5 bp −$1118.9 bp −$18976.7 bp −$7,668doesn't fit
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
QFEX NATGAS-USD0.0000%1h3.0050+5.732%$660K$96K20xas long as short
gTrade (Gains Network) NATGAS/USDlongL 0.0000% / S 0.0000%1h2.8421long leg
SunX NATGAS-USDT0.0000%4h3.0082+5.844%$2K$2.3M20xas long as short
Lighter NATGAS+0.0032%1h3.0054+5.746%$631K$483K10xas long as short
Extended XNG-USD+0.0032%1h3.0035+5.680%$109K$253K5xas long as short
Vest NG-PERP+0.0046%1h3.0050+5.732%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0036+5.682%$6.0M$5.2M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0028+5.654%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0066+5.789%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0043+5.707%$69K$30K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000+5.556%$37K$214K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+5.556%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0060+5.767%$1.5M$90K10xas long as short
Hotstuff NATGAS-PERP+0.0128%1h3.0035+5.679%$35K20xas long as short
KuCoin NATGASUSDTM+0.0148%4h3.0050+5.732%$1.0M$843K20xas long as short
Aster NATGASUSDT+0.0173%4h3.0030+5.661%$264K$69K50xas long as short
HTX NATGAS-USDT+0.0187%4h3.0078+5.830%$119K$221K75xas long as short
GRVT NATGAS_USDT_Perp+0.0264%4h3.0030+5.661%$20K$221K25xas long as short
Gate NG_USDT+0.0294%8h3.0090+5.872%$1.5M$193K100xas long as short
Variational Omni NATGAS+0.0342%4h3.0070+5.802%$318K$391Kas long as short
Binance NATGASUSDT+0.0363%4h3.0057+5.756%$10.4M$28.8M100xas long as short
edgeX NATGASUSDC+0.0370%4h3.0027+5.652%$85K$212K20xas long as short
BloFin NG-USDT+0.0488%8h3.0030+5.661%$76K$198K20xas long as short
OKX NG-USDT-SWAP+0.0505%8h3.0060+5.767%$802K$1.9M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0587% / S −0.0602%1h3.0055+5.749%$88K45xas long as short
Kraken Futures PF_NATGASUSD+0.0684%1h3.0050+5.733%$54K$36K20xas long as short
Bitget NATGASUSDTshort+0.0846%4h3.0030+5.661%$9.9M$3.0M100x