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+0.0127%/8h= +14.0% APRpaid last 24h +0.056%
Price spread now: Aster against Orderly+0.153%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.153% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos3.00000.0100pay 0.0100% / 8h46m 05s$3K$54410x
ShortAster NATGASUSDT3.00460.0227get 0.0114% / 4h46m 05s$265K$65K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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
$26.77
Price spread: +0.153% → 0.000%
$15.31
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
$28.07
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 56 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 Orderly no order-book sample
Sell Aster live order book, 56 min ago8.31 bp15.4 bp −$1517.2 bp −$172doesn't fitdoesn't fit
Orderly: 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%1h2.8414−5.287%as long as short
SunX NATGAS-USDT0.0000%4h3.0042+0.140%$2K$2.4M20xas long as short
QFEX NATGAS-USD+0.0004%1h3.0030+0.100%$659K$96K20xas long as short
Lighter NATGAS+0.0032%1h3.0045+0.150%$631K$494K10xas long as short
Extended XNG-USD+0.0032%1h3.0040+0.133%$111K$283K5xas long as short
HTX NATGAS-USDT+0.0032%4h3.0039+0.130%$117K$216K75xas long as short
Vest NG-PERP+0.0046%1h3.0040+0.133%$14K10xas long as short
tradeXYZ xyz:NATGAS+0.0050%1h3.0040+0.133%$6.0M$5.3M10xas long as short
Ondo Perps NATGAS-USD.P+0.0050%1h3.0010+0.033%$82K$26K10xas long as short
Paradex NG-USD-PERP+0.0052%8h3.0038+0.128%$5K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica NATGAS+0.0100%1h3.0020+0.067%$68K$30K10xas long as short
ApeX Omni NATGASUSDT+0.0100%1h3.00000.000%$37K$216K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h3.0000long leg$3K$54410x
Phemex NGUSDT+0.0100%4h3.0040+0.133%$1.5M$92K10xas long as short
Hotstuff NATGAS-PERP+0.0120%1h3.0017+0.057%$35K20xas long as short
GRVT NATGAS_USDT_Perp+0.0122%4h3.0020+0.068%$15K$222K25xas long as short
KuCoin NATGASUSDTM+0.0196%4h3.0020+0.067%$1.0M$891K20xas long as short
Aster NATGASUSDTshort+0.0227%4h3.0046+0.153%$265K$65K50x
Variational Omni NATGAS+0.0450%4h3.0019+0.064%$318K$393Kas long as short
Binance NATGASUSDT+0.0464%4h3.0039+0.128%$10.3M$28.5M100xas long as short
edgeX NATGASUSDC+0.0484%4h3.0020+0.065%$85K$212K20xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0575% / S −0.0587%1h3.0035+0.117%$88K45xas long as short
Gate NG_USDT+0.0576%8h3.0050+0.167%$1.5M$195K100xas long as short
OKX NG-USDT-SWAP+0.0646%8h3.0020+0.067%$867K$1.7M50xas long as short
BloFin NG-USDT+0.0677%8h3.0010+0.033%$83K$197K20xas long as short
Kraken Futures PF_NATGASUSD+0.0861%1h3.0051+0.170%$56K$36K20xas long as short
Bitget NATGASUSDT+0.0898%4h3.0010+0.033%$9.9M$3.1M100xas long as short