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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0349%/8h= −38.2% APRnext payment $3.49 per $10,000 · paid last 24h −0.096%
Price spread now: Paradex against Gate−0.116%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.116% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NG_USDT2.99800.0399pay 0.0399% / 8h4h 07m$1.5M$163K100x
ShortParadex NG-USD-PERP2.99450.0050get 0.0050% / 8h4h 07m$5K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$73.24
Price spread: −0.116% → 0.000%
−$11.58
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$103.82
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Paradex: 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 Gate live order book, 3 min ago1.67 bp22.9 bp −$2366.3 bp −$663doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 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%1h2.9944−0.120%$36K$59920xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8325−5.520%as long as short
SunX NATGAS-USDT0.0000%4h2.9982+0.007%$2K$1.6M20xas long as short
HTX NATGAS-USDT0.0000%4h2.9968−0.040%$118K$218K75xas long as short
QFEX NATGAS-USD+0.0003%1h2.9950−0.100%$593K$101K20xas long as short
GRVT NATGAS_USDT_Perp+0.0004%4h2.9945−0.117%$20K$214K25xas long as short
Lighter NATGAS+0.0032%1h2.9954−0.087%$646K$707K10xas long as short
Extended XNG-USD+0.0032%1h2.9941−0.130%$123K$308K5xas long as short
Vest NG-PERP+0.0046%1h2.9940−0.133%$14K10xas long as short
Paradex NG-USD-PERPshort+0.0050%8h2.9945−0.116%$5K5x
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0050%1h2.9919−0.203%$84K$28K10xas long as short
tradeXYZ xyz:NATGAS+0.0057%1h2.9947−0.110%$6.0M$4.5M10xas long as short
Pacifica NATGAS+0.0100%1h2.9946−0.113%$68K$36K10xas long as short
KuCoin NATGASUSDTM+0.0100%4h2.9940−0.133%$1.1M$721K20xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000+0.067%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000+0.067%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h2.9950−0.100%$1.5M$95K10xas long as short
Aster NATGASUSDT+0.0161%4h2.9979−0.003%$258K$70K50xas long as short
Variational Omni NATGAS+0.0238%4h2.9937−0.144%$355K$419Kas long as short
Kraken Futures PF_NATGASUSD+0.0241%1h2.9960−0.065%$53K$48K20xas long as short
Binance NATGASUSDT+0.0301%4h2.9958−0.075%$10.0M$32.0M100xas long as short
edgeX NATGASUSDC+0.0305%4h2.9942−0.128%$85K$211K20xas long as short
OKX NG-USDT-SWAP+0.0366%8h2.9950−0.100%$837K$1.8M50xas long as short
BloFin NG-USDT+0.0375%8h2.9950−0.100%$81K$201K20xas long as short
Gate NG_USDTlong+0.0399%8h2.9980long leg$1.5M$163K100x
GMX NATGAS/USD [ETH-USDC]L +0.0403% / S −0.0375%1h2.9965−0.050%$88K45xas long as short
Bitget NATGASUSDT+0.0818%4h2.9920−0.200%$9.9M$2.5M100xas long as short