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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against Hotstuff−0.067%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 airdropHotstuff: Active · Pacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.067% cheaper against Hotstuff than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NATGAS-PERP3.00550.0104pay 0.0013% / 1h26m 09s$35K20x
ShortPacifica NATGAS3.00350.0100get 0.0013% / 1h26m 09s$68K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Hotstuff. 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
−$0.84
Price spread: −0.067% → 0.000%
−$6.65
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20.49
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample
Sell Pacifica no order-book sample
Hotstuff and 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%1h2.8444−5.360%as long as short
SunX NATGAS-USDT0.0000%4h3.0072+0.057%$2K$2.4M20xas long as short
Lighter NATGAS+0.0032%1h3.0056+0.003%$629K$504K10xas long as short
Extended XNG-USD+0.0032%1h3.0047−0.027%$110K$334K5xas long as short
QFEX NATGAS-USD+0.0033%1h3.0050−0.017%$660K$96K20xas long as short
Vest NG-PERP+0.0046%1h3.0050−0.017%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0062+0.023%$83K$26K10xas long as short
Paradex NG-USD-PERP+0.0069%8h3.0068+0.043%$5K5xas long as short
tradeXYZ xyz:NATGAS+0.0073%1h3.00550.000%$6.0M$5.6M10xas long as short
Pacifica NATGASshort+0.0100%1h3.0035−0.067%$68K$33K10x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.183%$37K$218K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.183%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0040−0.050%$1.5M$93K10xas long as short
Hotstuff NATGAS-PERPlong+0.0104%1h3.0055long leg$35K20x
HTX NATGAS-USDT+0.0223%4h3.0068+0.043%$107K$212K75xas long as short
GRVT NATGAS_USDT_Perp+0.0240%4h3.0041−0.048%$13K$212K25xas long as short
KuCoin NATGASUSDTM+0.0358%4h3.0040−0.050%$1.0M$959K20xas long as short
Aster NATGASUSDT+0.0393%4h3.0049−0.018%$264K$74K50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0520% / S −0.0467%1h3.00550.000%$92K45xas long as short
Variational Omni NATGAS+0.0592%4h3.0050−0.016%$317K$432Kas long as short
Gate NG_USDT+0.0593%8h3.0080+0.083%$1.5M$195K100xas long as short
Binance NATGASUSDT+0.0623%4h3.0050−0.017%$10.3M$28.3M100xas long as short
edgeX NATGASUSDC+0.0651%4h3.0040−0.049%$85K$213K20xas long as short
OKX NG-USDT-SWAP+0.0658%8h3.0050−0.017%$867K$1.7M50xas long as short
BloFin NG-USDT+0.0670%8h3.0040−0.050%$82K$195K20xas long as short
Bitget NATGASUSDT+0.1016%4h3.0030−0.083%$9.9M$3.2M100xas long as short
Kraken Futures PF_NATGASUSD+0.1181%1h3.0075+0.065%$56K$35K20xas long as short