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−0.0417%/8h= −45.7% APRpaid last 24h −0.017%
Price spread now: Aster against Gate0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$960.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.356%−$36 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now 0.000%, 7d avg −0.012%
Together, before fees−0.344%+ Points / potential airdropAster: Stage 5 · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT3.00400.0572pay 0.0572% / 8h10m 31s$1.5M$196K100x
ShortAster NATGASUSDT3.00400.0155get 0.0077% / 4h10m 31s$264K$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
−$87.57
Price spread: 0.000% → −0.012%
$1.2
Slippage, 4 orders
−$73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$182.37
Costs to cover
0.960%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Aster: live order book, 26 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 Gate live order book, 2 min ago1.66 bp22.2 bp −$2258.5 bp −$585doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago6.65 bp16.9 bp −$1717.3 bp −$173doesn'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
Hotstuff NATGAS-PERP−0.0024%1h3.0016−0.080%$35K20xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8380−5.526%as long as short
SunX NATGAS-USDT0.0000%4h3.0032−0.027%$2K$2.4M20xas long as short
HTX NATGAS-USDT0.0000%4h3.0027−0.043%$117K$216K75xas long as short
QFEX NATGAS-USD+0.0004%1h3.0010−0.100%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0020−0.067%$630K$495K10xas long as short
Extended XNG-USD+0.0032%1h3.0006−0.113%$109K$273K5xas long as short
Vest NG-PERP+0.0046%1h3.0010−0.100%$14K10xas long as short
GRVT NATGAS_USDT_Perp+0.0046%4h3.0012−0.095%$15K$222K25xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0016−0.080%$6.0M$5.3M10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h3.0058+0.060%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0051%8h3.0024−0.053%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0004−0.120%$69K$32K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.133%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.133%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0010−0.100%$1.5M$90K10xas long as short
KuCoin NATGASUSDTM+0.0142%4h3.0000−0.133%$1.0M$868K20xas long as short
Aster NATGASUSDTshort+0.0155%4h3.00400.000%$264K$69K50x
Variational Omni NATGAS+0.0349%4h3.0011−0.096%$318K$390Kas long as short
Binance NATGASUSDT+0.0372%4h3.0010−0.100%$10.4M$28.6M100xas long as short
edgeX NATGASUSDC+0.0394%4h3.0016−0.081%$85K$213K20xas long as short
BloFin NG-USDT+0.0546%8h3.0020−0.067%$80K$198K20xas long as short
OKX NG-USDT-SWAP+0.0559%8h3.0000−0.133%$802K$1.8M50xas long as short
Gate NG_USDTlong+0.0572%8h3.0040long leg$1.5M$196K100x
GMX NATGAS/USD [ETH-USDC]L +0.0589% / S −0.0603%1h3.0015−0.083%$88K45xas long as short
Bitget NATGASUSDT+0.0828%4h3.0000−0.133%$9.9M$3.0M100xas long as short
Kraken Futures PF_NATGASUSD+0.0862%1h3.0029−0.035%$55K$35K20xas long as short