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

NATGAS

RWAall NATGAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%
Price spread now: Pacifica against Orderly+0.104%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 airdropPacifica: 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 0.104% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_NATGAS_USDC_mythos2.98000.0100pay 0.0100% / 8h4h 22m$3K$27810x
ShortPacifica NATGAS2.98310.0100get 0.0013% / 1h22m 28s$80K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.104% → 0.000%
$10.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.6
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: 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 Orderly no order-book sample
Sell Pacifica no order-book sample
Orderly 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%1h2.8254−5.188%as long as short
SunX NATGAS-USDT0.0000%4h2.9871+0.238%$2K$2.6M20xas long as short
QFEX NATGAS-USD+0.0028%1h2.9850+0.168%$655K$102K20xas long as short
Lighter NATGAS+0.0032%1h2.9851+0.171%$616K$414K10xas long as short
Vest NG-PERP+0.0046%1h2.8270−5.134%$37810xas long as short
Paradex NG-USD-PERP+0.0086%8h2.9859+0.196%$5K5xas long as short
Pacifica NATGASshort+0.0100%1h2.9831+0.104%$80K$22K10x
ApeX Omni NATGASUSDT+0.0100%1h2.98000.000%$36K$210K50xas long as short
Orderly PERP_NATGAS_USDC_mythoslong+0.0100%8h2.9800long leg$3K$27810x
Phemex NGUSDT+0.0100%4h2.9850+0.168%$1.5M$98K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps NATGAS-USD.P+0.0118%1h2.9852+0.174%$83K$70K10xas long as short
HTX NATGAS-USDT+0.0149%4h2.9871+0.238%$97K$225K75xas long as short
Hotstuff NATGAS-PERP+0.0160%1h2.9850+0.168%$35K20xas long as short
tradeXYZ xyz:NATGAS+0.0207%1h2.9851+0.171%$5.9M$6.7M10xas long as short
Extended XNG-USD+0.0224%1h2.9836+0.122%$112K$1.3M5xas long as short
GRVT NATGAS_USDT_Perp+0.0274%4h2.9850+0.168%$21K$279K25xas long as short
KuCoin NATGASUSDTM+0.0314%4h2.9850+0.168%$1.0M$1.2M20xas long as short
BloFin NG-USDT+0.0336%8h2.9830+0.101%$85K$189K20xas long as short
OKX NG-USDT-SWAP+0.0347%8h2.9840+0.134%$892K$1.8M50xas long as short
GMX NATGAS/USD [ETH-USDC]L +0.0411% / S −0.0333%1h2.9855+0.185%$93K45xas long as short
Gate NG_USDT+0.0437%8h2.9880+0.268%$1.5M$396K100xas long as short
Aster NATGASUSDT+0.0444%4h2.9875+0.252%$264K$104K50xas long as short
Variational Omni NATGAS+0.0468%4h2.9845+0.151%$310K$493Kas long as short
Binance NATGASUSDT+0.0512%4h2.9855+0.185%$10.1M$32.8M100xas long as short
edgeX NATGASUSDC+0.0517%4h2.9855+0.183%$85K$213K20xas long as short
Kraken Futures PF_NATGASUSD+0.0829%1h2.9871+0.237%$52K$55K20xas long as short
Bitget NATGASUSDT+0.0980%4h2.9830+0.101%$10.0M$4.2M100xas long as short