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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0496%/8h= −54.3% APRnext payment $0.62 per $10,000 · paid last 24h −0.127%
Price spread now: Extended against GMX0.000%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX NATGAS/USD [ETH-USDC]3.0065L +0.0528% / S −0.0528%pay 0.0066% / 1h9m 00s$88K45x
ShortExtended XNG-USD3.00650.0032get 0.0004% / 1h9m 00s$110K$333K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
−$104.08
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$121.07
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 39 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 GMX no order-book sample
Sell Extended live order book, 39 min ago0.83 bp3.5 bp −$47.6 bp −$76doesn't fitdoesn't fit
GMX: 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%1h2.8454−5.358%as long as short
SunX NATGAS-USDT0.0000%4h3.0082+0.057%$2K$2.4M20xas long as short
Hotstuff NATGAS-PERP+0.0016%1h3.0073+0.027%$35K20xas long as short
Lighter NATGAS+0.0032%1h3.0062−0.010%$629K$504K10xas long as short
Extended XNG-USDshort+0.0032%1h3.00650.000%$110K$333K5x
QFEX NATGAS-USD+0.0033%1h3.0050−0.050%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0060−0.017%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0049−0.053%$83K$26K10xas long as short
tradeXYZ xyz:NATGAS+0.0060%1h3.0062−0.010%$6.0M$5.5M10xas long as short
Paradex NG-USD-PERP+0.0063%8h3.0076+0.035%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0059−0.020%$68K$33K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.216%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.216%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0070+0.017%$1.5M$93K10xas long as short
HTX NATGAS-USDT+0.0135%4h3.0081+0.053%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0170%4h3.0052−0.043%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0318%4h3.0050−0.050%$1.0M$945K20xas long as short
Aster NATGASUSDT+0.0340%4h3.0090+0.081%$265K$75K50xas long as short
GMX NATGAS/USD [ETH-USDC]longL +0.0528% / S −0.0528%1h3.0065long leg$88K45x
Variational Omni NATGAS+0.0561%4h3.0060−0.017%$317K$432Kas long as short
Binance NATGASUSDT+0.0582%4h3.0075+0.032%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0592%4h3.0060−0.017%$85K$212K20xas long as short
Gate NG_USDT+0.0611%8h3.0090+0.083%$1.5M$196K100xas long as short
BloFin NG-USDT+0.0652%8h3.0070+0.017%$81K$195K20xas long as short
OKX NG-USDT-SWAP+0.0653%8h3.0050−0.050%$867K$1.7M50xas long as short
Bitget NATGASUSDT+0.0988%4h3.0040−0.083%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0083+0.060%$56K$35K20xas long as short