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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against HTX−0.003%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.003%, 7d avg +0.009%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NATGAS-USDT3.00430get 0.0000% / 4h1h 59m$118K$221K75x
ShortSunX NATGAS-USDT3.00420get 0.0000% / 4h1h 59m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against HTX. 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
Price spread: −0.003% → +0.009%
−$1.24
Slippage, 4 orders
−$47.8
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$69.04
Costs to cover
0.678%
Break-even
never at this rate
Slippage from HTX: live order book, 50 min ago; SunX: live order book, 10 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 HTX live order book, 50 min ago4.17 bp10.2 bp −$1013.0 bp −$130doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago15.01 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit

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%1h3.0035−0.027%$35K20xas long as short
tradeXYZ xyz:NATGAS−0.0029%1h3.0034−0.030%$6.0M$5.0M10xas long as short
GRVT NATGAS_USDT_Perp0.0000%4h3.0007−0.121%$20K$208K25xas long as short
gTrade (Gains Network) NATGAS/USDL 0.0000% / S 0.0000%1h2.8410−5.436%as long as short
SunX NATGAS-USDTshort0.0000%4h3.0042−0.003%$2K$1.7M20x
HTX NATGAS-USDTlong0.0000%4h3.0043long leg$118K$221K75x
Aster NATGASUSDT+0.0004%4h3.0030−0.043%$259K$73K50xas long as short
QFEX NATGAS-USD+0.0024%1h3.0020−0.077%$661K$99K20xas long as short
Lighter NATGAS+0.0032%1h3.0036−0.023%$677K$764K10xas long as short
Extended XNG-USD+0.0032%1h3.0037−0.021%$141K$349K5xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NG-PERP+0.0046%1h3.0050+0.023%$14K10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0013−0.100%$84K$28K10xas long as short
Paradex NG-USD-PERP+0.0052%8h3.0033−0.033%$5K5xas long as short
Pacifica NATGAS+0.0100%1h3.0024−0.062%$68K$39K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.0000−0.143%$37K$215K50xas long as short
Orderly PERP_NATGAS_USDC_mythos+0.0100%8h3.0000−0.143%$3K$54410xas long as short
Phemex NGUSDT+0.0100%4h3.0030−0.043%$1.5M$92K10xas long as short
Variational Omni NATGAS+0.0125%4h3.0028−0.050%$356K$429Kas long as short
KuCoin NATGASUSDTM+0.0158%4h3.0030−0.043%$1.1M$811K20xas long as short
Binance NATGASUSDT+0.0181%4h3.0023−0.065%$9.6M$31.8M100xas long as short
edgeX NATGASUSDC+0.0209%4h3.0028−0.051%$85K$212K20xas long as short
Gate NG_USDT+0.0278%8h3.0060+0.057%$1.5M$199K100xas long as short
Kraken Futures PF_NATGASUSD+0.0297%1h3.0032−0.036%$55K$46K20xas long as short
OKX NG-USDT-SWAP+0.0376%8h3.0020−0.077%$834K$2.0M50xas long as short
BloFin NG-USDT+0.0395%8h3.0040−0.010%$80K$200K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0493% / S −0.0486%1h3.0025−0.060%$88K45xas long as short
Bitget NATGASUSDT+0.0720%4h3.0010−0.110%$9.9M$2.9M100xas long as short